EMPIRICAL ANALYSIS OF POST-CONTRACTUAL BEHAVIOUR IN PUBLIC WORKS CONTRACTS: THE CZECH CASE AS A SECONDARY COMPARISON WITH THE SLOVAK REPUBLIC

• Authors: Schmidt Martin , Ochrana František , Plaček Michal , Půček Michal
• Languages of publication: EN

Abstracts

EN

The article analyses post-contractual behaviour on a sample of 200 randomly selected public works contracts, awarded in 2013, where it was possible to trace information about the final price. The study looks for factors, which have a statistically significant effect on the ratio between the actually paid price and tendered price. The findings are compared with similar studies in Slovakia. The model identifies a number of bids for a statistically significant indicator having a positive effect on the relationship between the actually paid price and the tendered price. Conversely, the ratio between the estimated and actual tendered amounts, as well as the use of subcontractors is seen as the factors with a negative impact.

Keywords

EN

PUBLIC PROCUREMENT; POST-CONTRACTUAL BEHAVIOUR; EFFICIENCY; SLOVAKIA; CZECH REPUBLIC

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2016
• Volume: 64
• Issue: 6
• Pages: 501 – 518

Contributors

author

Schmidt Martin

• Masaryk university, Faculty of Economics and Administration, Lipová 41a, 602 00 Brno, Czech Republic

author

Ochrana František

author

Plaček Michal

author

Půček Michal