Value for money in procurement of urban bus services – Competitive tendering versus negotiated contracts: Recent New Zealand experience

Ian Wallis

Research in Transportation Economics, 2020, vol. 83, issue C

Abstract: The new Public Transport Operating Model (PTOM) recently introduced by the New Zealand government for local public transport services involves a mix of competitively-tendered and negotiated bus contracts in the main metropolitan areas. Most features of the procurement procedures and almost all the contract terms and conditions are common to both types of contract. This has provided a rare opportunity internationally to compare the impacts of the alternative procurement methods on contract prices.

Keywords: Bus procurement; Bus tendering; Competitive tendering; Bus contracting; Negotiated contracts; Benchmarking; Cost efficiency; Value for money; Thredbo conference; Public Transport Operating Model; New Zealand (search for similar items in EconPapers)
JEL-codes: D44 D47 L14 L91 L92 L98 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S073988592030158X
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:retrec:v:83:y:2020:i:c:s073988592030158x

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/supportfaq.cws_home/regional
https://shop.elsevie ... _01_ooc_2&version=01

DOI: 10.1016/j.retrec.2020.100960

Access Statistics for this article

Research in Transportation Economics is currently edited by M. Dresner

More articles in Research in Transportation Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().