In traditional road construction and maintenance contracts, contractors are paid based on unit prices for various work items, often resulting in suboptimal outcomes. Because profits are tied to performing more tasks, contractors lack incentives to optimize their activities, driving up both costs and project timelines.
In traditional road construction and maintenance contracts, contractors are paid based on unit prices for various work items, often resulting in suboptimal outcomes. Because profits are tied to performing more tasks, contractors lack incentives to optimize their activities, driving up both costs and project timelines.
Join a globally recognized Executive Seminar where international experts in contract management, financing, and sustainable transport policy will share best practices and case studies in performance-based contracting.
The Seminar will feature a program of presentations and discussions about performance-based contracts and how they can help road agencies meet their desired outcomes. Participants will engage in working groups with experts who are actively involved in maintenance contracting and asset management to discuss the application of best practices under different country conditions.
The Seminar will feature a program of presentations and discussions about performance-based contracts and how they can help road agencies meet their desired outcomes. Participants will engage in working groups with experts who are actively involved in maintenance contracting and asset management to discuss the application of best practices under different country conditions.
The Seminar will feature a program of presentations and discussions about performance-based contracts and how they can help road agencies meet their desired outcomes. Participants will engage in working groups with experts who are actively involved in maintenance contracting and asset management to discuss the application of best practices under different country conditions.
The Seminar will feature a program of presentations and discussions about performance-based contracts and how they can help road agencies meet their desired outcomes. Participants will engage in working groups with experts who are actively involved in maintenance contracting and asset management to discuss the application of best practices under different country conditions.
The Seminar will feature a program of presentations and discussions about performance-based contracts and how they can help road agencies meet their desired outcomes. Participants will engage in working groups with experts who are actively involved in maintenance contracting and asset management to discuss the application of best practices under different country conditions.
