The challenge of using standard contracts in public-private partnerships

A call for an increased use of standard contracts in public-private partnerships (PPPs) for infrastructure development is noticeable in practice. These contracts are expected to simplify and improve procurement by creating opportunities for learning, lower transaction costs, and better competition....

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Bibliographic Details
Published in:Public management review 2016-02, Vol.18 (2), p.278-299
Main Authors: Van Den Hurk, Martijn, Verhoest, Koen
Format: Article
Language:English
Subjects:
Competition
Contract management
governance
Government contracts
Infrastructure
Public infrastructure
Public private partnerships
Public sector private sector relations
Public-private partnership
Simplification
standard contracts
Standardization
Studies
Transaction costs
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Summary:A call for an increased use of standard contracts in public-private partnerships (PPPs) for infrastructure development is noticeable in practice. These contracts are expected to simplify and improve procurement by creating opportunities for learning, lower transaction costs, and better competition. This paper delineates standard contracts in PPP as a new venue for research and unfolds their potential impact. Here lies an important challenge since the benefits of standardization are not as straightforward as they look at first sight, particularly when taking into account the tension between the powerful, control-oriented role of contracting authorities and the need for contingent, informal contracting.
ISSN:1471-9037
1471-9045
DOI:10.1080/14719037.2014.984623