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3 results on '"public works procurement"'

1. "One-size-fits-all" public works contract does it better? An assessment of infrastructure provision in Italy.

Author

Finocchiaro Castro, Massimo, Guccio, Calogero, and Rizzo, Ilde

Subjects
*PUBLIC works, *CONTRACT employment, *DESIGN & build contracts, *PROPENSITY score matching, *GOVERNMENT purchasing
Abstract

Public infrastructure procurement is a crucial policy tool, a prerequisite for public and private investments and for economic and social capital growth. Low performance in execution severely hinders infrastructure provision and benefits delivery. One of the most sensitive phases in public infrastructure procurement is the design because of the strategic relationship that it potentially creates between procurers and contractors in the execution stage, affecting the costs and the duration of the contract. In this paper, using recent developments in non-parametric frontiers and propensity score matching, we evaluate the performance in the execution of public works in Italy. The analysis provides robust evidence of significant improvement of performance where procurers opt for design and build contracts, which lead to lower transaction costs, allowing contractors to better accommodate the project in the execution. Our findings bear considerable policy implications. [ABSTRACT FROM AUTHOR]

Published
2023
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2. Assessing Public Works Procurement in the Czech Republic´s over-limit Regime: Survey Results and Recommendations for Contracting Authorities

Author

Matějková, Jitka and Matějková, Jitka

Abstract

This article elucidates the findings of a research study on public works procurement within the over-limit regime in the Czech Republic. A comprehensive survey, conducted in May 2023, provides a panoramic view of the current procurement landscape, encompassing aspects such as procurement methods, financing sources, cost considerations, and time allocation. The study uncovers significant trends and patterns in the procurement process, offering an in-depth understanding of prevalent practices and challenges in the field. It further explores the complexities of procurement method selection, tender document preparation, bidder communication, and appeal handling. The survey results highlight that the Best Value Approach (BVA) can enhance the quality, efficiency, and transparency of the procurement process and assist organizations in selecting contractors that provide the best overall value for their projects. However, some respondents expressed concerns about the potential complexity and time-consuming nature of implementing BVA. Despite these concerns, the benefits of BVA appear to outweigh the challenges for organizations willing to invest the necessary time and effort. Drawing on these findings, the article presents practical recommendations for public purchasers, aiming to boost the efficiency and effectiveness of the procurement process and contribute to the overall enhancement of public works procurement in the Czech Republic. The insights and recommendations offered in this study are anticipated to serve as a valuable resource for policymakers, practitioners, and researchers in the field of public procurement, particularly in relation to the application of the Best Value Approach.

Published
2024

3. How 'one-size-fits-all' public works contract does it better? An assessment of infrastructure provision in Italy

Author

Finocchiaro Castro, Massimo, Guccio, Calogero, and Rizzo, Ilde

Subjects
Transaction costs economics, propensity score matching, H57, D73, O18, C14, Infrastructure provision, ddc:330, public works procurement, design and build contracts, non-parametric frontiers, performance
Abstract

Public infrastructure procurement is crucial as a prerequisite for public and private investments and for economic and social capital growth. However, low performance in execution severely hinders infrastructure provision and benefits delivery. One of the most sensitive phases in public infrastructure procurement is the design because of the strategic relationship that it potentially creates between procurers and contractors in the execution stage, affecting the costs and the duration of the contract. In this paper, using recent developments in non-parametric frontiers and propensity score matching, we evaluate the performance in the execution of public works in Italy. The analysis provides robust evidence of significant improvement of performance where procurers opt for design and build contracts, which lead to lower transaction costs, allowing contractors to better accommodate the project in the execution. Our findings bear considerable policy implications.

Published
2023

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