Monitoring Road Works Contracts and Unit Costs for Enhanced Governance in Europe and Central Asia
The present study generates a specialized dataset of road sector contracts for Bank-financed projects in 14 countries of Europe and Central Asia. The data sample covers 200 completed or ongoing road works contracts signed between 2000 and 2010. Tre...
| Main Authors: | , , |
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2014
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2011/01/14595837/monitoring-road-works-contracts-unit-costs-enhanced-governance-europe-central-asia http://hdl.handle.net/10986/17458 |
| Summary: | The present study generates a
specialized dataset of road sector contracts for
Bank-financed projects in 14 countries of Europe and Central
Asia. The data sample covers 200 completed or ongoing road
works contracts signed between 2000 and 2010. Trends for
each country are captured through the following indicators:
(i) difference between contract values and their
engineers' estimates; (ii) cost overruns; (iii) time
overruns; (iv) bidding indicators for contracts with and
without prequalification: number of firms that applied for
prequalification, number of prequalified firms, number of
firms that bought bidding documents, number of bidders,
number of disqualified bidders; (v) time elapsed between bid
opening and contract signing dates; (vi) cost per kilometer
of similar works; (vii) road works unit costs; and (viii)
ratios between supervision contract values and the related
road works contract values. An inventory of risks is
developed for each road works contract using a checklist of
possible entry points of corrupt activities or red flags.
The frequency of observations is measured for the selected
types of red flags from a sample of 200 road works contracts
surveyed. The contracts with complaints received by the
Bank's Integrity Vice Presidency (INT) are examined
separately to check if they exhibit a pattern of indicators
consistent with the presence of allegations of corruption or
fraud. The study looks further into the determinants of road
rehabilitation and reconstruction costs. It concludes with
selected recommendations to sustain the platform fostering
governance and integrity in the procurement and
implementation of road sector contracts under Bank-funded operations. |
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