Performance Based Contracts

This paper describes how the conference started from the position that all rights to provide public transport service (expressed through contracts) should be dependent on the performance of the provider and that this should be done through a performance-based contract (PBT). Discussion centered on the nature of performance-based contracts and the issues that need to be dealt with in developing contracts that most effectively meet a government’s objective in public transport service provision. In particular, discussion focused on the relative merits of negotiated contracts, compared to competitively tendered (CT) and negotiated contracts, in delivering money outcomes. As one part of this, the workshop sought to establish a framework within the general model of PBCs, and it recognized that both classes of contracts can and do exist without any performance-linked specifications.

Language

  • English

Media Info

  • Media Type: Print
  • Features: Appendices; Figures; References;
  • Pagination: pp 23-46
  • Monograph Title: Competition and Ownership in Land Passenger Transport

Subject/Index Terms

Filing Info

  • Accession Number: 01003340
  • Record Type: Publication
  • ISBN: 0080445802
  • Files: TRIS
  • Created Date: Aug 17 2005 9:36PM