Journal of Japan Society of Civil Engineers, Ser. D3 (Infrastructure Planning and Management)
Online ISSN : 2185-6540
ISSN-L : 2185-6540
Infrastructure Planning and Management Vol.34 (Special Issue)
BIDDING SCHEMES FOR WATER CONCESSION PROJECTS AND ECONOMIC EFFICIENCY
Masamitsu ONISHITakeshi MURAKAMIPeiwei WUKiyoshi KOBAYASHI
Author information
JOURNALS FREE ACCESS

2017 Volume 73 Issue 5 Pages I_309-I_322

Details
Abstract

The economic value of water concession project depends on two major factors, unit price of water and the number or the rate of connection. If the government provides appropriate level of unit price or the number of connection as a requirement in a concession contract, the information of technology for water provision is necessary. However, it is rate for the government to have sufficient information of technology owned by private companies. Therefore, ‘technology-proposal bidding system’ under which bidders propose both of unit price and the number of connection is often applied. This paper analyzes the economic results under two typical award systems under technology-proposal bidding system, i.e. the lowest price award system and the most number of connection award system. In addition, the strategic hold-up behavior of concessionaire after signing the contract is analyzed. Based on the analytical result, the policy implication on the pros and cons of two award systems are discussed.

Information related to the author
© 2017 Japan Society of Civil Engineers
Previous article Next article
feedback
Top