In the transport sector, many types of contracts exist. Some are very precise, and strive for completeness; others are very [`]light-weight' and are incomplete. Bus and coach contracts, won through competitive tendering or negotiation, are typically incomplete in the sense of an inability to...

This paper presents a qualitative assessment of the risk perceptions held by key Australian stakeholder groups in the context of tollroads operated under the public-private-partnership model. The findings confirm that experience accumulated in recent years has contributed toward the betterment...

This paper reviews a number of themes that have played a crucial role in the debate on alternative contracting regimes for the provision of urban bus services. We have selected four crucial issues to reflect on: (i) contractual regimes (in particular competitive tendering as compared to...

A model to compare three alternative forms of public transport - light rail, heavy rail and bus rapid transit - is developed for an urban network with radial lines emanating from the borders to the city centre. The theoretical framework assumes an operation aimed at minimising the total cost...

Travel time variability (i.e., random variations in travel time) leads to a travel time distribution for a repeated trip from a fixed origin to destination (e.g., from home to work). To represent travel time variability, a series of possible travel times per alternative (departure time, route or...

With the aim to improve efficiency and value for money, in addition to tendered services the European Commission approach to rail organisation allows substantial open access rail services in both passenger and freight operations. This paper investigates, from a transaction cost perspective,...

This paper reports the findings of a comparative analysis of bus rapid transit (BRT) performance using information on cross-section data of 121 BRT systems throughout the world, in which random effects regression is employed as the modelling framework for stand alone patronage and ridership...

Both research and international experience have shown that, whilst BRT services allow suburban areas to be provided with a reasonable level of transit access at an acceptable cost, Heavy Rail offers higher perceived benefits to communities even where BRT performs the same or better in terms of...

This paper compares recent experiences in contract negotiation and subsequent commitment in public air services with the bus industry. The heart of the paper is a survey of European and Australian regional airlines, which we mirror with revealed experiences of bus operators. We aim to identify a...

The burgeoning commitment to contracting the delivery of bus services through competitive tendering or negotiated performance-based contracts has been accompanied by as many contract payments schemes as there are contracts. We are now well placed to design a simplified performance-linked payment...