A multi-unit tender award process: The case of Transantiago
The Transantiago public transit services were grouped into five trunk service units and 10 feeder units, and were awarded to private operators through a simultaneous tender. To avoid problems of ownership concentration, limits were placed on the maximum number of units per operator. This paper describes the issues involved in such simultaneous multi-unit tenders where various actors bid for different business units to be awarded in a single tender process. The general problem is formulated as a minimum cost network flow problem (MCNFP). Tie-breaking criteria are discussed and modeled. The problem is then solved for the Transantiago case. There follows a discussion of the utility of handling this tender using the tool developed here.
Year of publication: |
2009
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Authors: | Muñoz, Juan Carlos ; Molina, Diego |
Published in: |
European Journal of Operational Research. - Elsevier, ISSN 0377-2217. - Vol. 197.2009, 1, p. 307-311
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Publisher: |
Elsevier |
Subject: | Auction Multi-unit auction Transit Transantiago |
Saved in:
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