Guasch, José Luis. 2004. Granting and Renegotiating Infrastructure Concessions: Doing it right. Washington, DC: World Bank.

"Key References: Infrastructure Challenges and How PPPs Can Help - Problems with Infrastructure" Describes in detail how poor PPP design and weak implementation can lead to renegotiations and increased costs. Based on a review of experience in Latin America and the Caribbean, where a high proportion of PPPs underwent renegotiation within a short time from contract close. "Key References: Managing PPP Transactions" Chapter 7 provides guidance on optimal concession design, drawing from the preceding analysis of the prevalence of renegotiation of concession contracts in Latin America. Includes guidance on selecting appropriate evaluation criteria. "Key References: Managing PPP Contracts" Reviews the occurrence and drivers of re-negotiation in PPP contracts in Latin America, and provides some policy lessons for reducing the prevalence of early renegotiations .

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