Perspectives on contractual relationships and the move to best value in local authorities
This article is concerned with the nature of the contracting relationship, in local authorities. After considering some of the implications of a basic model elf contracting (principal-agent theory) and questioning some of its implications, we briefly examine whether the Compulsory Competitive Tendering (CCT) regime is likely to have forced many clients and contractors into the more adversarial style of contract management that the theory predicts. We then assess the degree to which parties to local authority contracts act, or rr ish to act, in a more relational manner anti consider some of the implications of the Best Value regime. Ee conclude by suggesting that there a re some important requirements which need to be placed upon public sector contracting behaviour to limit the implementation of 'full' relational styles in practice.
Year of publication: |
1999
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Publisher: |
FRANK CASS CO LTD |
Subject: | HD Industries. Land use. Labor | JA Political science (General) | JF Political institutions (General) |
Saved in:
freely available
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