Type
General Knowledge
Author
Alexeeva, Queiroz and Ishihara
Organization
World Bank
Published in
2011
Submitted by
Caroline Visser
Related theme(s)
Finances & Economics, Governance
Region
Eastern Europe, Caucasus, and Central Asia (EECCA)
Country
All Countries

Monitoring Road Works Contracts and Unit Costs for Enhanced Governance in Europe and Central Asia

Paper published in the World Bank Transport Papers series looking into contracts and unit costs.

A specialised dataset was generated for the road sector contracts under World Bank-funded projects in 14 countries in Europe and Central Asia. The study establishes a framework for cross-country comparative assessments of the procurement and implementation processes of road works contracts financed by the Bank.

The paper looks into trends and key indicators, such as contract values and cost overruns, awarding of contracts to local or foreign firms, average unit costs variances, and examines a number of potential procurement and implementation problems.