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Economics / Appraisal / BCR, General transport / Mode, Satellite navigation / Travel software / Modelling, All of UK, Australasia
DfT’s procurement practice praised
A RANGE of techniques to discourage the private sector from overbidding for transport contracts are outlined in a new report prepared by British consultants for Australia’s Department of Infrastructure and Transport.
Oxera and RBconsult were commissioned to write the report after a number of Australian toll road companies collapsed because traffic and revenues failed to live up to forecasts.
The authors say the emphasis in procurement should be “on ensuring that the incentives...