 Contracting regimes for bus services: What have we learnt after 20 years?David Hensher and John Stanley Research in Transportation Economics, 2010, vol. 29, issue 1, 140-144 Abstract: This paper reviews a number of themes that have played a crucial role in the debate on alternative contracting regimes for the provision of urban bus services. We have selected four crucial issues to reflect on: (i) contractual regimes (in particular competitive tendering as compared to negotiated performance-based contracts, as means to award the rights to provide service); (ii) contract completeness (focussing on ex ante and ex post elements); (iii) building trust through partnership; and (iv) tactical or system level planning for bus services. Experience in these areas suggests that competitive tendering has frequently not lived up to expectations and that negotiation is likely in many circumstances to deliver better value for money. Keywords: Bus; contracts; Trusting; partnerships; Margins; Tendering; Negotiation; Performance; based; contracts; Asset; ownership (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:retrec:v:29:y:2010:i:1:p:140-144 Ordering information: This journal article can be ordered from Access Statistics for this article Research in Transportation Economics is currently edited by M. Dresner More articles in Research in Transportation Economics from Elsevier |
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