Research On The Pricing And Adjustment Mechanism Of PPP Projects In Universities From The Perspective Of Asset Classification And Operatio

Under the background of high-quality development of higher education,the scale and service capacity of higher education continue to rise.The university infrastructure needs continuous construction and upgrading.It is difficult to fully meet the huge demand for construction funds only by relying on government funding.Public-private partnership(PPP)model,with advantages such as reducing fiscal pressure,improving project operation efficiency,and reducing university debt risks,has gradually been applied to university construction projects.The infrastructure of university PPP projects can be divided into core assets and non-core assets according to the nature of operational services.University PPP projects have the characteristic of asset-classification operation.During the operation process of university PPP projects,the university retains control over core services and operates core assets independently,while the Special Purpose Vehicle(SPV)can only participate in providing non-core services and operating non-core assets.The SPV operates non-core assets and charges students for non-core asset service fees;while it provides property services for core assets and charges university for core asset service fees.Affected by the uncertainty of pricing factors such as industrial policies and operating costs,the university PPP projects face higher operating income risks during the concession period.The scientifically designed pricing and adjustment mechanism is a necessary condition for the successful implementation and good operation of university PPP projects.Therefore,based on the operation differences between university PPP projects and general PPP projects,this thesis designs the pricing and price adjustment mechanism of core and non-core assets of university PPP projects from the perspective of classified operation of PPP project assets.This thesis firstly delves into the whole process of investment,construction and operation of university PPP projects and defines the concept and characteristics of asset classification operation for these projects.Secondly,using literature research and expert interview methods,pricing influencing factors of university PPP projects are determined.Combining DEMATEL and ISM methods,it clarifies the direct and root factors affecting the pricing of university PPP projects.Then,a multi-objective optimization(MOP)pricing model based on the satisfaction of the three core stakeholders and a system dynamics(SD)price adjustment model based on the cash flow subsystems are constructed.Through model coupling,it designs the pricing and adjustment mechanism for university PPP projects from the perspective of asset classification operation.Finally,through empirical analysis,the scientificity,rationality,and feasibility of the MOP-SD coupling model are verified,and suggestions for improving the pricing and price adjustment mechanism of university PPP projects are proposed.The research findings indicate that the pricing and adjustment model for university PPP projects designed from the perspective of asset classification operation can not only obtain the optimal pricing scheme for the operation of core assets and non-core assets portfolio of the university PPP project,but also simulate the trend of each pricing parameter under the optimal pricing scheme to determine the adjustment nodes and realize the price optimization adjustment in the process of PPP project operation.This thesis has designed a scientific pricing and adjustment mechanism that can solve the problem of pricing and adjustment during the concession period of university PPP projects,promote the application and promotion of university PPP projects,and provide decision-making reference for the design of pricing and adjustment models for other PPP projects with asset classification operation characteristics.