Review article

Improving the financing method of road construction on the basis of the life cycle contract

UDC: 

332.1

DOI: 

10.23968/1999-5571-2020-17-1-241-246

Pages: 

241-246

Annotation: 

The article considers the procedure for financing of the construction of regional roads on the basis of the life cycle contract. Under the existing procedure for financing road construction projects, the main burden at the stage of the implementation is experienced by the private partner, which can lead to the risk of non-fulfillment of obligations under the contract of the road project. To reduce the level of risk, it is proposed to use phased financing of the project by the state partner, especially before the commissioning of the facility.

Authors: 

Frolov V. I. Saint Petersburg State University of Architecture and Civil Engineering

Balzanay S. V. Tuvan State University