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Optimizing the Size of Public Road Contracts
| 题名： | Optimizing the Size of Public Road Contracts |
| 责任者： | Iimi, Atsushi<=>Benamghar, Radia |
| 关键词： | Law and Development；Contract Law；Conflict and Development；Post Conflict Reconstruction；Finance and Financial Sector Development；Debt Markets；International Economics and Trade；Government Procurement；Transport Economics Policy and Planning；Public Sector Development；Transport |
| 学科分类： | 交通运输规划与管理 |
| 摘要： | Procurement packaging has important effects on not only the bidders' bidding behavior, but also contractors' performance. By changing the size of public contracts, procurers can encourage (or discourage) market competition and improve contract performance, avoiding unnecessary cost overruns and project delays. In practice, there is no single solution about how to package public contracts. With procurement data from road projects in Nepal, this paper examines the optimal size of road contracts in rural areas. The optimum varies depending on policy objectives. To maximize the bidder participation, the length of road should be about 11 kilometers. To minimize cost overruns and delays, the contracts should be much larger at 17 and 21 kilometers, respectively. Compared with the current procurement practices, the findings suggest that procurers take more advantage of enlarging road packages, although contracts that are too large may increase the risk of discouraging firms from participating in public tenders. |
| 出版机构： | World Bank |
| 报告类型： | 咨询报告 |
| 详细地址： | http://documents.worldbank.org/curated/en/2012/04/16209005/optimizing-size-public-road-contracts |
| 资源类型： | 科技（咨询、行业）报告 |
| 初始创建时间： | 2012-04 |
| 最新修改时间： | 2017-12-14T04:12:28Z |
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