Public infrastructure procurement: A review of adversarial and non-adversarial contracting methods
Access Status
Authors
Date
2015Type
Metadata
Show full item recordCitation
Source Title
ISSN
School
Collection
Abstract
© 2015 by PrAcademics Press. Adversarial contracting methods are used for most public infrastructure procurement and timely delivery on budget remains a problem. In the past 20 years, OECD countries have adopted a number of alternative procurement methods that are based on collaborative principles including public private partnerships, long-term outsourcing arrangements and relationship/alliance contracts. We review the theoretical principles that operate for both adversarial and collaborative contracting methods. We identify the characteristics of non-adversarial contracting methods such as the output specification, qualitative selection criteria, the alignment of incentives, discrete allocation of residual control rights, life cycle costing, and risk-weighted value for money measurement that are delivering better procurement outcomes for government.
Related items
Showing items related by title, author, creator and subject.
-
Lee, Kin-wang (2004)The research conducted in this thesis studies the business risks considered as critical by construction contractors in the public housing construction industry in Hong Kong and the risk management methods adopted by these ...
-
Chen, Q.; Xia, B.; Jin, Z.; Wu, Peng; Hu, Y. (2016)For design-build (DB) projects, owners normally use lump sum and guaranteed maximum price (GMP) as the major contract payment provisions. However, there was a lack of empirical studies to compare the project performance ...
-
Chen, Q.; Jin, Z.; Xia, B.; Wu, Peng; Skitmore, M. (2016)© 2015 American Society of Civil Engineers. The design-build (DB) delivery method has been widely used in the United States due to its reputed superior cost and time performance. However, rigorous studies have produced ...