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Abdullahi Ahmed, U, Noor Amila Wan Abdullah, Z and Abdul-Rashid, A-A (2021) Malaysian regulators' ranking of PPP contract governance skills. Built Environment Project and Asset Management, 11(1), 88-102.
Almarri, K and Boussabaine, H (2021) Re-evaluating the risk costing agenda in PPP projects. Built Environment Project and Asset Management, 11(1), 22-37.
Chileshe, N and Kavishe, N (2021) Readiness assessment of public-private partnerships adoption in developing countries: the case of Tanzania. Built Environment Project and Asset Management, 11(1), 71-87.
Dolla, T, Devkar, G and Boeing, L (2021) Procurement governance and information asymmetry in waste management of India. Built Environment Project and Asset Management, 11(1), 38-51.
- Type: Journal Article
- Keywords: public private partnership; municipal solid waste; information asymmetry; uncertainty; India; procurement; supply chains; information management; public sector; interviews; contract management
- ISBN/ISSN:
- URL: http://dx.doi.org/10.1108/BEPAM-12-2019-0143
- Abstract:
The effect of the chosen procurement model on the contractual performance is an important but less researched area in governance literature. Therefore, the aim is to study the ramifications of procurement options on the contractual hazards emanating due to information asymmetry. Four Indian MSW case studies provided the necessary evidence for the present study. Cross case analysis was conducted from the perspectives of information asymmetry, contract management skills of urban local bodies (ULBs), and uncertainty. The findings suggest that bundling of MSW supply chain would increase the uncertainty of the project, and that contract management skills have a detrimental effect but more in a bundled project. Accordingly, occurrences of information asymmetry and related contractual hazards are more in bundled projects. The present understanding of the ULBs is not realistic enough to consider the full complexity of the strategic interactions between agents who are privately informed in an ill-developed institutional setting of the MSW sector. The current study will help untangle these complexities in keeping with the procurement model. Thereby the ULBs can focus on the steps required to address the residual uncertainties. Limitations concerning generalizability of the findings to other projects, sectors, and geographical settings apply to this study. This study provides significant practical directions on the sources of information asymmetry and its relation to the chosen procurement model, which is ignored thus far by the researchers and practitioners.
Liu, T, Mostafa, S, Sherif, M and Tuan Son, N (2021) Emerging themes of public-private partnership application in developing smart city projects: a conceptual framework. Built Environment Project and Asset Management, 11(1), 138-56.
Mangu, S, Thillai Rajan, A and Deep, A (2021) Comparison of toll and annuity PPPs: a case study of highway projects in India. Built Environment Project and Asset Management, 11(1), 103-20.
Nguyen, N, Almarri, K and Boussabaine, H (2021) A risk-adjusted decoupled-net-present-value model to determine the optimal concession period of BOT projects. Built Environment Project and Asset Management, 11(1), 4-21.
Nimesha Sahani, J, Chan, D W M and Kumaraswamy, M (2021) A systematic literature review and analysis towards developing PPP models for delivering smart infrastructure. Built Environment Project and Asset Management, 11(1), 121-37.
Sarvari, H, Chan, D W M, Banaitiene, N, Norhazilan Md, N and Beer, M (2021) Barriers to development of private sector investment in water and sewage industry. Built Environment Project and Asset Management, 11(1), 52-70.