What is it about?
A significant amount on money is spent per annum with the construction and maintenance of highways infrastructure projects. Traditional tendering methods treat each project as individual elements, where the Employers requirements regarding specification and operational methods are learnt and relearnt each project. If a framework of suppliers is formed, the learning process is theoretically reduced because refinement from one project can be projected to the next. This encourages concentration on performance, where successful project outcomes may be used to determine supplier selection.
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Why is it important?
If the performance with projects can be enhanced then economic theory determines that completion is likely to be achieved within allocated budgets and tendering transaction costs may be reduced.
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This page is a summary of: Highway maintenance: impact of framework agreements on contractor performance, Engineering Construction & Architectural Management, May 2014, Emerald,
DOI: 10.1108/ecam-02-2013-0016.
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