Procurement auctions are sometimes plagued with a chosen supplier's failing to accomplish a project successfully. The … risk of project failure is considerable, especially when the buyer has inadequate information about suppliers ex ante and … the project can only be evaluated at the end. To manage such uncertainty, a model of competitive procurement and …

This paper studies the optimal structure of procurement contracts between public and private sectors by mainly … comparing two typical procurement types: traditional procurement and public-private partnership (PPP). We first set up a … principal-agent model focusing on bundling effects of procurement based on Hart (2003), and Iossa and Martimort (2015) to see …

'contract clientelism', or the provision of public contracts to private firms in exchange for campaign donations. Using …' in which incumbents assign low-quality contracts while on the campaign trail. Contract manipulations are more common in …

Tokyo Disaster Risk Management (DRM) Hub have initiated a knowledge project on "Resilient Infrastructure PPPs-Contracts and … Procurement" to harness the knowledge and expertise gained from PPP projects in selected countries to help the governments of low …

phases of the infrastructure project cycle: preparation, procurement, and contract management. For PPPs, management of …, procurement, and management of large infrastructure projects through both public-private partnerships (PPPs) and traditional … construction is also assessed. Disclosure of information for PPPs and procurement practices for innovation for TPIs are also …

, one of the modern frameworks of delivery of complex projects. Alliancing is applied to encourage the parties to a contract … - particularly contracts - tends to be of a competitive nature. As a result, if a serious conflict arises, and the contract starts …