Zhang, X Q and Kumaraswamy, M M (2000) Choosing concessionaires in BOT-type projects. In: Akintoye, A (ed.) Proceedings of 16th Annual ARCOM Conference, 6-8 September 2000, Glasgow, UK.
Abstract
Creative procurement strategies are required to bridge the ever-increasing gaps between public infrastructure needs and available public funding. Private sector involvement in public infrastructure development projects is increasingly encouraged. BOT-type procurement is becoming popular in such Private Public Partnerships (P/P P) in general. However, various special BOT-type procurement protocols are not yet 'proven', and are still being tried and tested. Many countries are still at the lower ends of their learning curves. A critical contributor to the success of a BOT-type project is the selection of the most suitable private sector proposal (tender), i.e. in choosing the 'right' concessionaire, who would provide the 'best' overall deal throughout the whole procurement process from Building, through Operation, to Transfer. Evolving practices in such selection exercises are compared across countries. Particular strengths of successful practices, including those from general contractor selection, are identified as a first step towards formulating a 'best practice' core methodology for these critical multi-criteria selection exercises. An indicative conceptual model is developed to illustrate this proposed core methodology in general. This incorporates a basic flowchart to demonstrate linkages to the different stages. The envisaged decision support system is intended to help public clients to improve concessionaire selection for BOT-type projects.
| Item Type: | Conference Paper (Paper) |
|---|---|
| Uncontrolled Keywords: | BOT; concessionaire selection; decision support system; public private partnership; procurement; tender evaluation |
| Index terms: | tender evaluation, best practice, methodology, funding, public private partnership, public client, public infrastructure, procurement process, concessionaire, exercise, becoming, decision support, proposal, procurement strategy, general contractor, linkage, private sector, partnership |
| Subjects: | tendering, research methods, infrastructure and transport systems, industry analysis, philosophical process, decision analysis, sociology, partnership management, practitioner, health behaviours and lifestyles, business, contract type, economic analysis, contractual arrangements, project planning |
| Topics: | Engineering Principles, Research Practice, Project Management, Health and Safety, Business Strategy, Procurement, Risk Management, Roles and Professions, Stakeholder Management |
| Descriptive scope: | 3 PCT |
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