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Frontiers of Engineering Management

ISSN 2095-7513

ISSN 2096-0255(Online)

CN 10-1205/N

Postal Subscription Code 80-905

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Front. Eng    2014, Vol. 1 Issue (4) : 372-377    https://doi.org/10.15302/J-FEM-2014056
ENGINEERING MANAGEMENT THEORIES AND METHODOLOGIES
Theoretical Analysis of Public Rental House Supply
Yue Teng1,*(),Bo Xu1,Xiao Li1,Ling Li4,Xia-zhi Fang5
1. School of Construction Management and Real Estate, Chongqing University, Chongqing 400045, China
2. Faculty of Architecture, The University of Hong Kong, Hong Kong, China
3. University of North Carolina at Charlotte, USA
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Abstract

The public rental house (PRH) plays a significant role in our housing security system. Using the theory of public goods, both government and private enterprises have advantages and disadvantages in supplying the PRH. In order to optimize the present supply system of the PRH, this article introduces the delivery pattern of public and private partnerships (PPP) into the government allocation system, and improves it into public-intermediary-private-partnerships (PIPP), a new supply system through government, private enterprises and intermediary organization cooperation. It helps to better achieve the security role of the PRH in our society.
Keywords PIPP      public rental house      government supply      PPP     
Corresponding Author(s): Yue Teng   
Online First Date: 21 April 2015    Issue Date: 07 May 2015
 Cite this article:   
Yue Teng,Bo Xu,Xiao Li, et al. Theoretical Analysis of Public Rental House Supply[J]. Front. Eng, 2014, 1(4): 372-377.
 URL:  
https://academic.hep.com.cn/fem/EN/10.15302/J-FEM-2014056
https://academic.hep.com.cn/fem/EN/Y2014/V1/I4/372
PPP pattern Type Advantages Disadvantages
Newly-built projects BOT, BOOT 1. Market mechanisms bring public good, reduce input from public departments and increase work efficiency, rationalizing resource configuration2. In the biding process, more private enterprises participate and putting forward advanced technology and management experience3. Reduces or eliminates investment risk to government 1. Difficulty in finding private enterprises and may cause rent-seeking behaviors2. Laws and regulations and contract environment are not transparent3. Requires high level government management4. Requires frequent communication and coordination to set the rate of return on the project
BTO, BOO
BT, BOST
Expansion project LBO, BBO
Existing projects ServiceAgreement
OperateMaintenance contract
Tab.1  Contrastive Analysis of PPP
Fig.1  Supply system of the PRH based on PIP.
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[1] Pekka Leviäkangas, Yanbing YE, Oluwole Alfred OLATUNJI. Sustainable public-private partnerships: Balancing the multi-actor ecosystem and societal requirements[J]. Front. Eng, 2018, 5(3): 347-356.
[2] Xianjia WANG, Shiwei WU. Mechanism design of reverse auction on concession period and generalized quality for PPP projects[J]. Front. Eng, 2017, 4(2): 156-170.
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