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 Can Privatisation and Commercialisation of Public Services Help Achieve The MDGs? An Asses...
private operators (G uasch 2004). The high level of renegotiation underm ines the nature of the com petitive bidding process. W hile renegotiation m ay be expected in a long term project where conditions change over the years, evidence from Latin Am erica indicates that renegotiation takes...
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private operators (G uasch 2004). The high level of renegotiation underm ines the nature of the com petitive bidding process. W hile renegotiation m ay be expected in a long term project where conditions change over the years, evidence from Latin Am erica indicates that renegotiation takes place after an average of just 2.2 years from the start of the contract (Estache et. al. 2003). The need to m inim ize risks is leading both governm ents and private firm s to adopt short- term m anagem ent contracts
18 0 http://www.undp-povertycentre.org/pub/IPCWorkingPaper22.pdf#page=18 www.undp-povertycentre.org/pub/IPCWorkingPaper22.pdf#page=18
private operators (G uasch 2004). The high level of renegotiation underm ines the nature of the <span class="highlight">com</span> petitive bidding process. W hile renegotiation m ay be expected in a long term project where conditions change over the years, evidence from Latin Am erica indicates that renegotiation takes place after an average of just 2.2 years from the start of the contract (Estache et. al. 2003). The need to m inim ize risks is leading both governm ents and private firm s to adopt short- term m anagem ent contracts