Selezione dei fornitori e incentivi alla rinegoziazione in contratti incompleti: rilevanza empirica nel settore dei lavori pubblici
AbstractThe literature on public procurement pays great attention to the rules underlying tendering procedures as well as on the specification of the type of contract to be awarded. Less attention has been paid to the incompleteness of the contract; this issue is relevant in the public work sector because it offers room for the contract renegotiation and, therefore, for the increase of the final price. This paper offers empirical evidence of the potential effects of different tendering procedures (i.e. negotiation vs auction) on the contract renegotiation in the public work sector. The results show that, in presence of incomplete contracts, an excessive emphasis on the tendering rules, in absence of an efficient system of sanctions and incentives, can induce firms to behave strategically: they will offer very low bids to be awarded the contract, looking for renegotiating during the contract implementation.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Società editrice il Mulino in its journal Rivista italiana degli economisti.
Volume (Year): (2009)
Issue (Month): 2 ()
Contact details of provider:
incomplete contracts; procurement; public work;
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If references are entirely missing, you can add them using this form.