Delivering Value for Money to Government through Efficient and Effective Public Transit Service Continuity: Some Thoughts |
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| Authors: | David A Hensher Anne Yvrande‐Billon Rosário Macário John Preston Peter White Bill Tyson |
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| Institution: | 1. Institute of Transport and Logistics Studies, Faculty of Economics and Business , The University of Sydney , Sydney, Australia E-mail: Davidh@itls.usyd.edu.au;2. ATOM , University of Paris 1 Panthéon‐Sorbonne , 106‐112 Boulevard de l’H?pital, F‐75013 Paris, France;3. Department of Civil Engineering and Architecture , Instituto Superior Tecnico , Lisbon, Portugal;4. Transportation Research Group , University of Southampton , Southampton, UK;5. Transport Studies Group , University of Westminster , London, UK;6. Greater Manchester Passenger Transport Executive , Manchester, UK |
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| Abstract: | Abstract This paper documents some thoughts on the reform agenda in public transit that is occurring throughout the world. The specific focus is on a growing commitment to competitive regulation through competitive tendering, and the efforts by a few governments (notably in Australia) to take control of the tangible assets used by private operators as a mechanism to exercise the opportunity, if so taken, to put services out to competitive tender. The paper reviews the theoretical arguments and empirical evidence on contracting regimes and asset ownership, and the role that government and the operator might play in a setting in which building trusting and collaborative partnerships has merit in delivering services that are in the main funded from the public purse. |
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