Risk management clauses in tender contracts for passenger transport operations: the case of Manaus, Brazil

This paper reports on a proposal for regulatory reform in the bus system in Manaus, the capital city of the Amazon State, where a tendering procedure is being prepared. The draft contract has introduced risk clauses, transferring to the operators the responsibility for risk events whose management is more properly considered to be in their competence field, whereby the Administration assumes the events more directly linked to government action (modification of the services, introduction of fare concessions, adverse modification of Tax Law, and the like). The paper starts from general theoretical foundations of risk management and their application in transit operation and explains the new structure of risk clauses to be included into the operation contract, which shall substitute the current simple but economically inefficient cost-plus regulation. The conclusion discusses the legal feasibility of this change in the current Brazilian legal context. (a) For the covering entry of this conference, please see ITRD abstract no. E215911.

  • Authors:
    • DE ARAGAO, J J
    • FILHO, R D
    • CAMARA, M T
  • Publication Date: 2007-8

Language

  • English

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 01094966
  • Record Type: Publication
  • Source Agency: ARRB
  • Files: ITRD, ATRI
  • Created Date: Apr 25 2008 8:18AM