Publication details
An Empirical Analysis of Post-Contractual Behaviour in Public Works Contracts: The Czech Case as a Secondary Comparison with the Slovak Republic
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Year of publication | 2016 |
Type | Article in Periodical |
Magazine / Source | Ekonomický časopis |
MU Faculty or unit | |
Citation | |
Field | Economy |
Keywords | public procurement; post contractual behaviour; efficiency |
Description | The article analyzes post-contractual behavior 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 are seen as factors with a negative impact. |