ART - Measuring the Efficient Management of Public Works Contracts: A Non-Parametric approach JoPP 2012

The document is titled "Measuring the Efficient Management of Public Works Contracts" and is available on the website of the Bank of Italy. The document discusses various methods and theories related to the procurement and management of public works contracts. It includes references to other research papers and studies on the topic. The document begins with a reference to a publication on infrastructure in Italy and provides a link to access it online. It then mentions a review of methods supporting supplier selection in the European Journal of Purchasing & Supply Management. Another research paper by Estache, Iimi, and Ruzzier on procurement in infrastructure is referenced, along with a World Bank policy research working paper on the same topic. The document also mentions a paper by Farrell on the measurement of productive efficiency and a paper by Flyvbjerg on policy and planning for large infrastructure projects. The issue of underestimating costs in public works projects is discussed in a paper by Flyvbjerg, Holm, and Bull. The relationship between competition and cost overruns in procurement is explored in a paper by Ganuza. The document then references two papers by Guccio, Pignataro, and Rizzo on adaptation costs in procurement and selection procedures for suppliers in incomplete contracts. Another paper by Guccio, Pignataro, and Rizzo on adaptation costs in public works procurement in Italy is mentioned. The document also mentions a conference paper on enhancing best practices in public procurement. A paper by Iimi on infrastructure procurement and ex post cost adjustments in ODA-financed road procurement in Africa is referenced. The document also mentions a paper by Lovallo and Kahneman on how optimism undermines executives' decisions. A paper by Simar and Wilson on estimation and inference in two-stage, semi-parametric models of production processes is referenced. The document concludes with a reference to a book by Zhu on quantitative models for performance evaluation and benchmarking. Overall, the document provides a summary of various research papers and studies related to the efficient management of public works contracts, including topics such as supplier selection, cost estimation, competition, and adaptation costs.