Workshop 4: Designing contracts/concessions: What has worked and what has not and why?: 12th International Conference Series on Competition and Ownership in Land Passenger TransportWorld Transit Research
Document TypeJournal Article
- Public transport,
- Risk factors,
AbstractA contract establishes a mutual relationship between an authority and an operator. From the point of view of the authority, it is a tactical level mechanism to achieve the strategic objectives of government. Management of contractors translate the requirements of contracts into operational practices to guide the day-to-day work of staff for the delivery of services. Much can go wrong with contracts for the provision of public transport services. Workshop participants identified and ranked 25 potential risk factors. The five most important factors, which relate to objectives, tender assessment, allocation of risks, financial viability and dispute management, were examined drawing on the 11 papers presented to the workshop. Matters that work, that do not and would make the most difference to the success of contracts were identified.
RightsPermission to publish the abstract has been given by Elsevier, copyright remains with them.
Citation InformationBray, D., & Mulley, C. (2012). Workshop 4: Designing contracts/concessions: What has worked and what has not and why?: 12th International Conference Series on Competition and Ownership in Land Passenger Transport. Research in Transportation Economics, Article in Press, Corrected Proof.