| Abstract [eng] |
In democratic society public sector is constantly induced by its citizens to provide more effective and better quality public services at lower costs. Public-private partnership (PPP) helps to create ecnomic-social well-being of the country by implementing investment projects. Public investment projects are often not financially beneficial, therefore, it is very important to properly assess generated economic and social benefits and the efficiency of investments. The goal of the study is to perform the evaluation of public-private partnership contracts and submit proposals. After reviewing the theoretical aspects of public-private partnership contracts, it can be argued, that its main goal is to use financial resources more efficiently and provide better quality services. The key advantages of PPP include improving quality and efficiency and reducing costs and risks, while disadvantages include uneven distribution of risks, lack of publicity and accountability. Having analysed the scientific literature of Lithuanian and foreign authors, it can be concluded that the most common methods used for evaluation of PPPs generated benefits are cost-benefit and cost-effectiveness analysis. Multicriteria methods are the most suitable for comprehensive evaluation of social benefits. A statistical overview of PPP contracts has shown that in Europe every year a smaller number of contracts is being concluded, however, the value of contracts is growing. Compared to other countries, Lithuania has developed a favourable legal framework for the preparation, implementation and management of PPP contracts. However, searching for more detailed information about PPP-implemented investment projects is encountering some problems. Only 9 projects were received of 89 sent requests. After conducting a study on the evaluation of received investment projects according to the formed methodology it can be argued that the assessment is carried out in detail, but there is not always a sufficient number of alternatives. The multicriteria assessment of economic-social benefits by SAW and TOPSIS methods has confirmed the correctness of choosing the alternatives for project implementation. The main advantage of the multicriteria methods is the comprehensive assessment of economic-social benefits, including many indicators. The main disadvantage of using this method is that in order to obtain accurate and objective assessments you have to be a specialist in that sphere or hire an expert, which is expensive. |
