Contract Type and the Cost of Provision: Evidence from Maintenance Service Contracts

被引:1
|
作者
Jensen, Paul H. [1 ]
Stonecash, Robin E. [2 ]
机构
[1] Univ Melbourne, Melbourne Inst Appl Econ & Social Res, Melbourne, Vic 3010, Australia
[2] Macquarie Univ, Grad Sch Management, N Ryde, NSW 2109, Australia
关键词
contract efficiency; incentives; moral hazard; procurement; contracting out; D82; H11; L33; PROCUREMENT; INCENTIVES; INDUSTRY; CHOICE;
D O I
10.1111/j.1475-5890.2009.00096.x
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
More than half a billion dollars are spent each year on the maintenance of Australia's urban water and sewerage networks. Expenditure is governed through a mix of in-house and outsourced maintenance service contracts. We re-examine issues relating to the relationship between the cost of maintenance service provision and the type of contract used. We take advantage of the fact that water retailers in Melbourne use a mix of contract types - including fixed-price (FP) and cost-plus (C+) contracts - for the provision of water and sewerage network maintenance services. Our results suggest that the C+ contract results in substantial savings.
引用
收藏
页码:279 / 296
页数:18
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