Investigation on disputes in public private partnership projects in Sri Lanka

Abstract

This research is based on the disputes and contractual issues of Public Private Partnership (PPP) Projects in Sri Lanka. The main focus is on identifying critical factors that create disputes in PPP Projects and proposing strategic recommendations for their prevention. This research highlights the importance of contract clarity, stakeholder alignment, communication, regulatory compliance and financial risk management in preventing disputes, through a comprehensive methodology, the research identifies challenges in contract formation emphasizing the significance of clear roles, responsibilities and obligations. Recommendations include enhancing contract clarity, fostering effective communication, incorporating clear provisions for risk allocation and change management, establishing robust dispute resolution mechanism, and developing strategies for financial risk management. Research findings point out the necessity of including clear performance indicators and benchmarks in PPP Contracts to measure progress and success. The findings offer valuable insights for professionals involved in PPP Projects, suggesting practical frameworks to improve contract details and reduce disputes. With a considerable participant reach, the research lays the groundwork for future investigations into the effectiveness of proposed changes in real world PPP Projects in Sri Lanka. Overall, this research provides a comprehensive understanding of the challenges faced in PPP Projects and proposes realistic, recommendations to ensure their success.