Dawson, R, Walsh, C, Purnell, P et al. (1 more author) (2014) Briefing: Infrastructure business models, valuation and innovation for local delivery. Infrastructure Asset Management, 1 (3). pp. 66-67. ISSN 2053-0242
Abstract
The UK’s Engineering and Physical Sciences Research Council and the Economic and Social Research Council have launched a £3·5 million, 4-year research programme to develop innovative business models for delivering infrastructure. Richard Dawson, Claire Walsh, Phil Purnell and Chris Rogers introduce infrastructure business models, valuation and innovation for local delivery (iBUILD). A growing population, extreme weather, decarbonisation, a proliferation of new technologies and their integration with ageing, existing systems are just some of the pressures on modern infrastructure. Unfortunately, the rate of investment in infrastructure has not kept up with the pace of change, and this is further complicated by fragmented, often reactive, regulation and governance arrangements. The UK Treasury Select Committee noted that existing infrastructure business models provide poor value (HM Treasury, 2011), but few alternatives are available; a point picked up by Infrastructure UK (Infrastructure UK, 2011) who called for research centres to be founded to address this. The iBUILD Centre will address this through development of a suite of alternative infrastructure business models, ranging from reforms to existing approaches to radical new models, each enabling more effective delivery of local infrastructures.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © ICE Publishing 2014. All rights reserved. Reproduced in accordance with the publisher's self-archiving policy. |
Keywords: | economics & finance; infrastructure planning; town and city planning |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Engineering & Physical Sciences (Leeds) > School of Civil Engineering (Leeds) > Institute for Resilient Infrastructure (Leeds) |
Funding Information: | Funder Grant number EPSRC EP/K012398/1 |
Depositing User: | Symplectic Publications |
Date Deposited: | 21 Jul 2016 15:38 |
Last Modified: | 21 Jul 2016 15:38 |
Published Version: | https://dx.doi.org/10.1680/iasma.14.00027 |
Status: | Published |
Publisher: | Institution of Civil Engineers |
Identification Number: | 10.1680/iasma.14.00027 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:101018 |