Infrastructure Concessions : To Auction or Not to Auction?

• Tác giả: Michael Klein
• Ngôn ngữ: eng
• Ký hiệu phân loại: 381.17 Auctions
• Thông tin xuất bản: World Bank, Washington, DC, 2012
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 314179
• Chủ đề: 1. AUCTIONS; 2. BIDDING; 3. CONCESSIONS; 4. CONTRACT NEGOTIATION; 5. INFRASTRUCTURE

Tóm tắt

Should a conceding authority auction off or negotiate a contract for an exclusive private infrastructure deal? Advocates of negotiation often argue that a formal competition may take too much time, that the costs of preparing bids may be excessive, and that innovation may be discouraged. But proponents of competitive bidding argue that there are ways to address theses concerns without sacrificing the bidding process. Moreover, they argue, competition may yield a better deal for the conceding authority and enhance the transparency of the process, making the transaction more politically sustainable. This Note examines the arguments.