Risk and reward in public transportation contracting

Jackie Walters and Jan Owen Jansson

Research in Transportation Economics, 2008, vol. 22, issue 1, 26-30

Abstract: The workshop discusses and documents a number of countries' experiences regarding risk and reward in the delivery of public transport and determines the way in which competitive pressures actually work (or not) to deliver efficient and effective services. Papers are grouped into three main themes, i.e., public versus private management; negotiated versus competitively tendered contracts; and measures to improve performance. This chapter begins with a brief overview of each of the eight papers. This is followed by a section that out the discussions that emanated from the papers. Finally, the main policy and research recommendations are presented.

Date: 2008
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