Delivering value for money to government through efficient and effective public transit service continuity
Some thoughts
David A. Hensher (University of Sydney)
Anne Yvrande-Billon (Université Paris 1 Panthéon-Sorbonne)
Rosério Macério (Universidade Técnica de Lisboa)
John Preston (University of Southampton)
Peter White (University of Westminster)
Bill Tyson (Greater Manchester Passenger Transport Executive)
D. M. Van de Velde (TU Delft - Technology, Policy and Management)
Bert van Wee (TU Delft - Technology, Policy and Management)
Joaquim José Guilherme de Aragéo (Universidade de Brasélia)
Enilson Medeiros dos Santos (Universidade Federal do Rio Grande do Norte)
Rómulo Dante Orrico Filho (Universidade Federal do Rio de Janeiro)
David Hensher
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Abstract
This paper documents some thoughts on the reform agenda in public transit that is occurring throughout the world. The specific focus is on a growing commitment to competitive regulation through competitive tendering, and the efforts by a few governments (notably in Australia) to take control of the tangible assets used by private operators as a mechanism to exercise the opportunity, if so taken, to put services out to competitive tender. The paper reviews the theoretical arguments and empirical evidence on contracting regimes and asset ownership, and the role that government and the operator might play in a setting in which building trusting and collaborative partnerships has merit in delivering services that are in the main funded from the public purse.