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Sturingsmogelijkheden in een D&C-contract : praktijkgericht onderzoek naar de werking van het bonus/malus-principe

Schol, E. (2008) Sturingsmogelijkheden in een D&C-contract : praktijkgericht onderzoek naar de werking van het bonus/malus-principe.

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Abstract:In construction industry the use of Design&Construct-contracts is currently stimulated by Public Sector Procurement. D&C-contracts are considered to result in a better quality-priceratio for projects. This is achieved due to the mechanism that the contractors hold most of the responsibilities. However, the client (public owner) remains responsible for directing the behavior of the contractor in an effective and efficient manner to insure the best quality/priceratio. In practice clients use the bonus/malus-principle to affect the behavior of the contractor. Given the limited experience with the bonus/malus-incentives up till now, an increase of knowledge is sought after. This research project contributes to further development of knowledge on the effective use of the bonus/malus-principle. The D&C-contracts are supposed to lead to surplus value, but this research reveals a potential problem. In theory it is well possible that the contractor fails to meet the client’s demands due to opportunistic behavior. This paper therefore focuses on the following research question: In what way can the client direct the opportunistic behavior of the contractor by means of the bonus/malus-incentives within the framework of a D&Ccontract?
Item Type:Essay (Master)
Clients:
Grontmij BV
Faculty:ET: Engineering Technology
Subject:56 civil engineering
Programme:Civil Engineering and Management MSc (60026)
Link to this item:http://purl.utwente.nl/essays/58490
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