Tuesday, June 23, 2015

PPP Portuguese Motorway Case

I have chosen the PPP Portuguese Motorway Case.

In Portugal the road sector model until 2007 was as follow:
-Motorways developed using PPP.
-8 contracts, concessionaire remuneration by real tolls, paid by user no State Payments.  
-Estradas de Portugal, public institute responsible for the development, operation and maintenance of the remaining network

 Road sector model from 2007 onwards
-Estradas de Portugal S.A. created, state owned enterprise (100%) in concession regime.
-SCUT contracts into availability payments contracts, with real toll applied with EP ownership -
renegotiation of contracts triggered.
-EP launches new subconcessions  under availability and service remuneration schemes, with real toll applied with EP ownership -
contracts between 2008-2010.
-Future sectoral trend: concessions reverting to EP at the end of contract life or through negotiation.

In 2010 the new model is fully in force but the Financial crisis kick-in:
-General reduction of traffic levels
-EP´s financial forecasts revised: long run toll revenues expectation reduced.
-Motorway PPP development model unsustainable.

Initially in 2007 there was a strong support from the Government and the majority of politic parties (center right), left-field parties were all against PPP model (Portuguese Communist Party and Bloco de Esquerda), but after 2011 critics from all the political arena and Civil society begin to arise,  in 2013 re-negotiations between the public and the private partners, in the initial contract sub-concessions were signed under "optimist bias", over-investment and abusive of PPP model leading to a situation of fiscal unsustainability of the sector, but the private side didn´t accept negotiations without long term benefits, many voices from the Civil Society arise again, claims of fraud with several evidences were put on the table, lack of transparency in all the process were evident.

The PPP program has made a difference in improving the country’s infrastructure, this has enabled the country to close the infrastructure gap and avoid the budget constraints at the moment of the investment, doubts about whether PPPs represent value-for-money have emerged. There are several reasons why PPP were unsuccessful:
 (1) the concentration PPP projects was very high over a limited time span and the public sector was not prepared nor had the ability to manage and control the contracts,
 (2) the incentive to resort to PPPs was mainly to avoid budget constraints, but not to use of public resources better by taking advantage of private sector efficiency,
 (3) the risk allocation between the private and public sector was flawed because the private sector bore too little risk and payments from the public to the private sector were considerably above the investment cost. The current and future annual payments from the state to the private sector are a substantial burden in the current times of austerity and budget consolidation.

Tuesday, May 28, 2013

Larry Heard

Live selections from New York radio in the 80's (WBLS, WKTU, KISS FM)


  • PART 1 : Live selections from New York radio in the 80's (WBLS, WKTU, KISS FM) featuring music, traffic and weather reports from money-making Manhattan. Remember, these mixes were put together before samplers were invented, using only decks and reel-to-reel tape machines. Starting with the brilliant 10-minute Tony Humphries 'Traffic Jam' mastermix for KISS FM followed by the phenomenal DJ Twix 'Devastate' (check out the live vinyl looping half-way through). Next up, a stripped-down dub mix of Planet Rock mixing into Kraftwerk's 'Numbers' and CHANNEL J's sex therapy phone-in.
    The fun really begins with the legendary WBLS Mister Magic/Marley Marl 'Rap Attack'.
    The best remix I've ever heard is here, Craig G/Marley Marl's version of Tears for Fears 'Shout' - a total annihilation of the original. Finally, an unusual coupling of Newkleus 'Jam on it' mixing into Talking Heads 'Slippery People'.

Monday, May 27, 2013

Sun Ra - Cry Of Jazz

THE CRY OF JAZZ is structured in seven parts. Parts 1, 3, 5 and 7 consist of dramatic scenes in which the significance of jazz and Black American life is discussed by an interracial cast. Sandwiched between these discussions are parts 2, 4 and 6, in which the structure, history, and future of jazz and Black American life are presented in documentary form, along with a jazz soundtrack. Most of the music is composed and performed by the late jazz great Sun Ra and his Arkestra. The music is vintage Sun Ra from his '50s Chicago year

Saturday, April 23, 2011

Exile and Free The Robots

Monday, September 14, 2009

Turkiye Komunisti Partisi

Wednesday, August 05, 2009

The Vanguard - A Photographic Essay on the Black Panthers (1970)

The Vanguard - A Photographic Essay on the Black Panthers (1970)
Publisher: Beacon Press Books | PDF Scan @ 150dpi | 130 pages | 32mb | RS.com
ISBN: 0807005525 | EAN: 9780807005521 | ASIN: 0807005525
Authors/Photographers: Ruth-Marion Baruch and Pirkle Jones Introduction by William Worthy

Façam o download e entrem no mundo das panteras negras.


Monday, July 27, 2009

Flying Lotus feat. Jose James - Visions of Violet

Gosto muito destes dois camaradas, o Jose James para mim é melhor em disco que ao vivo, quanto ao Steven Ellison é mais uma jóia no catálogo da Warp.