International Journal of the Economics of Business · 1994 · 160 citations · 29 references
ManagementPublic AdministrationPublic ManagementCompetition PolicyPublic EconomicsPublic ProcurementCompetitive BiddingContract ManagementPublic Sector BargainingPublic Sector EfficiencyPublic-private PartnershipsTendering ProceduresCost Savings AnalysisPublic ContractingPublic Procurement CompetitionPublic Procurement EconomicsPublic Sector ProcurementPublic Service ContractingPublic Service ContractsTendering
This paper is a survey of the role and impact of competitive tendering and contracting (CTC) policies in the public sector. The paper examines the theoretical rationale for introducing competition in the provision of public services and the methodology by which contracting decisions are reached. It investigates the extent of implementation and nature of outcomes in several countries. A broad sweep of the empirical findings suggests that CTC generates substantial cost savings. Lack of adequate data makes an assessment of the effect on quality more troublesome, and further research is needed
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