Lessons for Procurement and Contract Management Practice in the Public Sector: Evidence from a Quantitative Study

Glyn Watson, Chris Lonsdale, Fei Peng and Joe Sanderson

MPRA Paper from University Library of Munich, Germany

Abstract: We contribute to the literature on procurement and contract management in the public sector by reporting on the current practice of public and private sector organisations and the outcomes of that practice. In particular, we chart the effectiveness of certain procurement and contract management actions in moderating potential supplier opportunism. The article is based upon a quantitative analysis of 180 questionnaire responses provided by procurement and contract managers. The results are not totally conclusive, but do provide evidence to suggest that opportunism is a significant possibility, and that certain procurement and contract management actions can assist organisations in dealing with that possibility. The results suggest little difference between public and private sector experiences. JEL classification:

Keywords: Procurement; contract management; opportunism; structural equation model (search for similar items in EconPapers)
JEL-codes: C38 H57 L14 (search for similar items in EconPapers)
Date: 2012-01
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