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Auctions have been recognised as an important tool for improving economic efficiency. Aid-related procurement systems are no exception to this. Strengthening competition at procurement auctions lowers contract prices and mitigates the heavy indebtedness of developing countries. Auctions are also...
Persistent link: https://www.econbiz.de/10005442865
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Infrastructure is essential for economic growth, and public procurement is an important instrument to use limited resources effectively. Among public procurers there remains a strong view that quality should not be compromised, particularly in high-value transactions, such as infrastructure...
Persistent link: https://www.econbiz.de/10011135577
The aim of this paper is to provide feedback on the question of socioeconomic benefits from rural road development and the impact of transport infrastructure on the poor, particularly the poorest and the bottom 20 percent of the population. This paper relies on impact evaluation methodologies,...
Persistent link: https://www.econbiz.de/10011265839
Competitive bidding is an important policy tool to procure goods and services from the market at the lowest possible cost. Under traditional public procurement systems, however, it may be difficult to purchase highly customized objects, such as energy efficiency services. This is because not...
Persistent link: https://www.econbiz.de/10010829534
Electricity infrastructure is one of the most important development challenges in Africa. While more resources are clearly needed to invest in new capacities, it is also important to promote energy efficiency and manage the increasing demand for power. This paper evaluates one of the recent...
Persistent link: https://www.econbiz.de/10010829804
A “low-balling strategy” by bidding contractors has increasingly been recognized as an important issue in public infrastructure procurement. Public works contracts are often imperfect and renegotiated after the contract award. Given the expectation for ex post adjustments, bidders seem...
Persistent link: https://www.econbiz.de/10010988291
To utilize public resources efficiently, it is important to take advantage of competition in public procurement auctions to the maximum extent. Joint bidding is a common practice that potentially facilitates competition. By pooling financial and experiential resources, more firms are expected to...
Persistent link: https://www.econbiz.de/10004982356
To utilize public resources efficiently, it is required to take full advantage of competition in public procurement auctions. Joint bidding practices are one of the possible ways of facilitating auction competition. In theory, there are pros and cons. It may enable firms to pool their financial...
Persistent link: https://www.econbiz.de/10004989949
Infrastructure has particular challenges in public procurement, because it is highly complex and customized and often requires economic, political and social considerations from a long time horizon. To deliver public infrastructure services to citizens or taxpayers, there are a series of...
Persistent link: https://www.econbiz.de/10005007889