Propuesta para la mejora de los procedimientos de licitación en colaboraciones público-privadas
- Sánchez Soliño, Antonio
- Gago de Santos, Pilar
Publisher: Universidad de Santiago de Compostela
ISBN: 978-84-695-1574-7
Year of publication: 2012
Pages: 74
Congress: Encuentro de Economía Pública (19. 2012. Santiago de Compostela)
Type: Conference paper
Abstract
This paper develops a theoretical model based primarily on transaction costs, for comparing the various tendering mechanisms used for transportation Public-Private Partnership (PPP) projects. In particular, the model contrasts negotiated procedures with the open procedure, as defined by the current European Union legislation on public tendering. The model includes both ex ante transaction costs (borne during the tendering stage) and ex post transaction costs (such as enforcement costs, re-negotiation costs, and costs arising from litigation between partners), explaining the trade-off between them. The bottom line is that we find