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We provide a general framework in which to determine the optimal penalty fee inducing the contractor to respect the contracted delivery date in public procurement contracts (PPCs). We do this by developing a real option model that enables us to investigate the contractor's value of investment...
Persistent link: https://www.econbiz.de/10010279528
We provide a general framework in which to determine the optimal penalty fee inducing the contractor to respect the contracted delivery date in public procurement contracts (PPCs). We do this by developing a real option model that enables us to investigate the contractor’s value of investment...
Persistent link: https://www.econbiz.de/10004987240
This short piece discusses the Federal Circuit's recent decision in Palantir USG, Inc. v. United States, No. 17-1465 (Fed. Cir. September, 2018), affirming that “the Army failed to determine whether commercial items meet or could be modified to meet the agency’s needs and that, by failing to...
Persistent link: https://www.econbiz.de/10014110283
The government wants an infrastructure-based public service to be provided. First, the infrastructure has to be built; subsequently, it has to be operated. Should the government bundle the building and operating tasks in a public-private partnership? Or should it choose traditional procurement,...
Persistent link: https://www.econbiz.de/10015264929
In many cases, the expected efficiency advantages of public-private partnership (PPP) projects as a specific form of …
Persistent link: https://www.econbiz.de/10015266060
whether the relative cost-efficiency of public versus private provision varies across cultures. We build a representative …, compared to private provision, increases cost- efficiency within French-speaking Swiss municipalities. These results resonate … efficiency is enhanced through mission matching, but they also unveil that this mission matching is culturally determined. …
Persistent link: https://www.econbiz.de/10015270951
efficiency of well-ranked firms in our study. CSR reporting is still considered to be a form of communication, even if formal …
Persistent link: https://www.econbiz.de/10015454518
In many cases, the expected efficiency advantages of public-private partnership (PPP) projects as a specific form of …
Persistent link: https://www.econbiz.de/10012143350
labor intensity and increase its efficiency. Costs are usually lower, but quality problems can affect services like health …
Persistent link: https://www.econbiz.de/10013266211
Outsourcing public provision of services tends to lower labor intensity and increase its efficiency. Costs are usually …
Persistent link: https://www.econbiz.de/10011404886