Economic regulation to supplement bidding for public works contracts

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cepal.bibLevelSección o Parte de un Documento
cepal.callNumberX/C 22(95/2008)
cepal.docTypeRevistas
cepal.idSade34761
cepal.topicEngREGULATION
cepal.topicSpaREGULACIÓN
cepal.workareaEngNATURAL RESOURCES
cepal.workareaSpaRECURSOS NATURALES
dc.contributor.authorRivera, Eugenio
dc.coverage.spatialEngCHILE
dc.coverage.spatialSpaCHILE
dc.date.accessioned2014-01-02T18:44:41Z
dc.date.available2014-01-02T18:44:41Z
dc.date.issued2008-08
dc.descriptionIncludes bibliography
dc.description.abstractConcessions for public works projects have enabled Chile tomodernize its infrastructure; however, these arrangements have alsoraised certain issues that make it necessary to change the rules governingthe system. The main problem has been the addition of numeroussupplementary agreements to the original contracts. Under the presentsystem, renegotiations are not conducted according to criteria of economicefficiency, and they can therefore affect public finance and lead toopportunistic behaviour, affecting the efficacy of the bidding process. Aregulatory system allowing for compensation of investors when it is notfeasible to put out a new tender is more consistent with economic theoryand provides a better way to assess the economic value of a project thathas been changed. Bidding does not replace regulation; rather, becausecontracts are bound to be incomplete, the two methods complement eachother as mechanisms for including private investment in public projects.
dc.formatTexto
dc.format.extentpáginas. 51-65
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/G.2382-P
dc.identifier.urihttps://hdl.handle.net/11362/11306
dc.language.isoeng
dc.physicalDescriptionp. 51-65
dc.relation.isPartOfCEPAL Review
dc.relation.isPartOfNo95
dc.relation.isPartOfSeriesCEPAL Review
dc.relation.translationLanguagespa
dc.relation.translationRecordLa regulación económica como complemento de las licitaciones en las concesiones de obras públicas
dc.relation.translationUrihttps://hdl.handle.net/11362/11251
dc.subject.unbisEngPUBLIC WORKS
dc.subject.unbisEngCONCESSIONS
dc.subject.unbisEngECONOMIC REGULATION
dc.subject.unbisEngTENDERING
dc.subject.unbisEngCONTRACTS
dc.subject.unbisEngRULES AND REGULATIONS
dc.subject.unbisSpaOBRAS PUBLICAS
dc.subject.unbisSpaCONCESIONES
dc.subject.unbisSpaREGULACION ECONOMICA
dc.subject.unbisSpaLICITACION
dc.subject.unbisSpaCONTRATOS
dc.subject.unbisSpaREGLAS Y NORMAS
dc.titleEconomic regulation to supplement bidding for public works contracts
dc.type.coarrevista
dspace.entity.typePublication
relation.isAuthorOfPublication00780344-3a29-4fb4-a9a3-8a85f93e70c9
relation.isAuthorOfPublication.latestForDiscovery00780344-3a29-4fb4-a9a3-8a85f93e70c9
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