General Conditions Surrounding Non-Commercial Services

Arne Beck

Chapter Chapter 7 in Competition for Public Transport Services, 2012, pp 95-110 from Springer

Abstract: Abstract This section begins with a description of tendering’s basic structure and awarding schedule. Section 7.2 then focuses on barriers to market entry and the relevance of uncertainty. In Sect. 7.3 I examine the structural differences of risk factors and typical forms of risk allocation based on a study of 34 public service contracts in Europe. Section 7.4 expands the discussion on revenue risk with respect to Germany. I conclude with a summary of the main economic effects of risk within tendering procedures in Sect. 7.5.

Keywords: Risk Premium; Market Entry; Demand Potential; Winning Bidder; Management Contract (search for similar items in EconPapers)
Date: 2012
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DOI: 10.1007/978-3-7908-2802-3_7

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