The fourth generation of road concessions in Colombia and the new ppp legal model: What have we learnt from over-renegotiation and over-litigation trends?



Introduction – I. THE COLOMBIAN CONTEXT: FOURTH GENERATION OF ROAD CONCESSIONS – A. History of Concessions – B. Renegotiations C.Statistics of On-Going Litigation – II. LEGAL FRAMEWORK OF PPP IN COLOMBIA – A. Legal Concept – i. What are ppps in Colombia? – ii. Pros and cons of ppps – B. Award Procedure – C. Performance – D. Termination – III. ECONOMIC ANALYSIS OF THE PPP LEGAL MODEL IN COLOMBIA – IV. CONCLUSION AND RECOMMENDATIONS – V. Bibliography