The aim of this report is to appraise the efficiency of procurement in Highway PPPs in the UK, understand the causalities, and suggest possible improvements. This research uses an economics-based theoretical framework aided by current commercial issues to identify ‘implementation gaps’. This is followed by a statistical investigation on operational efficiency to determine the significance of the identified gaps and to what extent do they manifest into inefficiency. The focus of the research has been in investigating two very vital areas in PPP Procurement: tendering process and payment mechanisms.
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Type
Case Studies
Author
DEVAYAN DEY
Organization
University College London
Published in
2010
Submitted by
DEVAYAN DEY
Related theme(s)
Finances & Economics
Region
Europe (EU)
Country
United Kingdom