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Application of Performance Based Contract for PPP Project of Sewerage Construction
Date Issued
2015
Date
2015
Author(s)
Wei, Chia-Chieh
Abstract
Promotion of Private Participation in infrastructure projects is widely adopted by developed countries in the world ( such as Britain, Japan, the United States, Canada). It has been 15 years since the first announcement of ""Act for Promotion of Private Participation in Infrastructure Projects"" in February 2000 by our Government. In Taiwan, a considerable amount of lessons learn from various projects is accumulating, however, the operation performance evaluation becomes a routine. Although ""Act for Promotion of Private Participation in Infrastructure Projects"" is a legal basis of the performance evaluation method, but no substantive benefit encourages contractors to provide better service. Britain is the pioneer country implements PPP ( Public-Private Partnerships) program. Since 1992, she actively promote PFI ( Private Finance Initiative). The feature of PFI is the government implements services procurement from private sector, and a price-reduction process is conducted when unqualified performance or insufficient service level of assets. In Taiwan, PBC ( Performance-Based Contract) contract projects are existing. The price-reduction mechanism of PBC base on monthly PI ( Performance Indicator) to justify the contract execution performance of contractor. This paper researches the feasibility of PBC for public sewerage construction and transfer project with private participation. To secure the government''s right of service procurement, not only offering priority rights for the project, a target performance level and a price-reduction mechanism is also defined in this PBC. Based on literature review and interviews with expert’s questionnaire, this study analyzed the assessment index research results, including: the construction indicators (5), operating indicators (5), degrees of service satisfaction (4), integrated operation rating (2), a total of 16 indicators. Secondly, this study base on PBC to develop a performance assessment process for public sewerage construction and transfer project with private participation. Different assessment items for particular phases are introduced in detail along with performance indicator standard and performance assessment calculation.
Subjects
PPP
PFI
PBC
PI
Type
thesis
File(s)
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Name
ntu-104-P01521715-1.pdf
Size
23.32 KB
Format
Adobe PDF
Checksum
(MD5):bca938eeb3411d05a2e97a7707999b9d