Performance and Renegotiation in Public Procurement and PPP-Writing Complex Contracts for PPP: The Economic Organization of PPP Water and Sanitation (WSS) Projects

Presentation Material

Jul 25, 2015 — Neil Boyle

PERFORMANCE AND RENEGOTIATON IN PUBLIC PROCUREMENT AND PPP - THE ECONOMIC ORGANIZATION OF PPP WSS PHILIPPINES XXX duedate 6192015 prnt 6212015

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Economizing on Transaction Costs: Bounded Rationality and Opportunism

Jan 12, 2015 — Neil Boyle

The integrity of economic exchange is decided within the transaction. Transaction costs deriving from the bounded rationality and opportunism of contracting parties diminish the integrity of contracts. By economizing on these costs, contract integrity and efficiency are restored through economic governance. While integrity refers to a contractual relationship between two ...

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UPDATED – Putting PPP Government Bureaucratic Problems into an Analytical Framework – PART – IIa

Aug 28, 2010 — Neil Boyle

In Part–IIa, we discuss the game changing government bureaucratic problems that arise in the development and tendering of BOT PPP projects. INFRAGOV associates in Manila, Dr. Ramon Clarete and Mr. Hector Florento brought bureaucracy problems to my attention. Both are working to resolve bureaucracy problems in their country and continue ...

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UPDATED – TCE PRECEPTS FOR ANALYZING INSTITUTIONS

Jul 19, 2010 — Neil Boyle

UPDATED - TCE PRECEPTS FOR ANALYZING INSTITUTIONS 07-19-2010 ver 3C Please click on the above link to see the updated version of what I consider one of my important posts.  It is important because it concentrates in one file the beginning of what I have learned over the past 10 years of studying ...

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Putting PPP Government Bureaucratic Problems into an Analytical Framework — PART – I

Jun 17, 2010 — Neil Boyle

Updated in red on May 15, 2010. This problem was brought to my attention by Hector Florento, Governance Advisor for the Philippine government and Dr. Ramon Clarete, Professor of Economics at the University of the Philippines in Manila, both of whom are Associates of Infragov LLC (you can read their ...

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The Economic Organization of Corruption — PART – I

Jun 17, 2010 — Neil Boyle

1.     There are, at least two major forms of corruption in infrastructure projects: institutionalized corruption and organized crime. Institutionalized corruption is described as corruption of the opportunistic kind that generally has a bureaucratic component to it. Opportunities for private gain present themselves in bureaucracy and someone internally takes advantage of ...

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A Stylized Case Study:Deriving Economic Governance

Case Studies

Mar 15, 2010 — Neil Boyle

Updated on April 15, 2010 (in red font) for greater clarity on the topic of operationalizing transaction costs. In the 1960s, economists started actively pursuing research in institutional economics to great success and we see that success in: Transaction Cost Economics (TCE), Agency Theory (AT), and Property Rights Economics (PRE), among others, which ...

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Tactical Approach to Combating Corruption

Dec 25, 2009 — Neil Boyle

Some say combating institutionalized corruption is a lost cause because of the impossibility of dealing with entrenched interests whose incomes depend on illegal sources. This view is unsupported by practical experience and research studies. Anti corruption studies to date have been flawed by the absence of an acceptable analytical framework. [A]TCE ...

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Common Hazards Encountered in PPP Projects

Dec 24, 2009 — Neil Boyle

Hazards are embedded in all agreements and contracts. Even after negotiating away all so-called risks, contract hazards comprise a bevy of hidden risks.  These hidden risks are more appropriately referred to as hazardous incentives or transaction costs, which enable the human factors of limited cognitive capacity and guileful self-interest. Please download the following ...

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Problems with Traditional Institutional Analysis

Technical Notes

Dec 16, 2009 — Neil Boyle

What do I mean by “institutional problems?” Traditionally, they are problems that an analyst identifies in the course of analyzing the performance of an institution that can influence investment decisions of either a government body or private investor or both. Normally, the analysis compares the achievements of the institution against ...

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Tackling Corruption Hazards at the Source

Technical Notes

Dec 15, 2009 — Neil Boyle

Actions of people who are involved in designing and implementing project contracts are sometimes corrupt. Corruption in this context is subtle and not of the mafia organized crime variety. These corrupt acts arise from the constant human risk factors that beset all mankind and the variable environmental risk factors that come ...

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