A procurement policy-making pathway to future-proof large-scale transport infrastructure assets

Policy issues for the future intelligent road transport infrastructure

Transport by road will shortly be transformed by a communications revolution, enabling new forms of telematics services. Particularly significant is the emergence of Dedicated Short Range Communication (DSRC), leading to the generation of ad hoc networks between vehicles and between vehicles and the infrastructure. Considerable effort, particularly in the US, has gone into identifying uses for ...

Piecewise Procurement of a Large-Scale Project

This paper studies the optimal procurement of a large-scale project. The project consists of several subprojects to be procured in a predetermined order and yields its full return upon completion. In the unique Markov perfect equilibrium of the dynamic procurement game, I find that: (1) Even though the procurer lacks long term commitment power, both the procurer and suppliers strictly prefer th...

Large Scale Infrastructure Systems

Making Infrastructure Procurement Processes more Flexible under Uncertainty

Detecting Large-Scale Collusion in Procurement Auctions∗

This paper documents evidence of widespread collusion among construction firms using a novel dataset covering most of the construction projects procured by the Japanese national government from 2003 to 2006. By examining rebids that occur for auctions when all (initial) bids fail to meet the reserve price, we identify collusion using ideas similar to regression discontinuity. We identify about ...