Publishing Construction Contracts and Outcome Details
Construction governance failures can lead to the construction of the wrong infrastructure, poor quality construction, and excessively high prices for work. There is some evidence from both other sectors and the construction sector itself that impro...
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Language: | English |
Published: |
2012
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Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100323133355 http://hdl.handle.net/10986/3734 |
Summary: | Construction governance failures can
lead to the construction of the wrong infrastructure, poor
quality construction, and excessively high prices for work.
There is some evidence from both other sectors and the
construction sector itself that improved transparency,
especially when combined with oversight, can improve
development outcomes through its impact on the quality of
governance. This paper reviews that evidence, discusses
costs and benefits of greater transparency in particular
with regard to the contracting and delivery process in
construction, and briefly discusses an initiative to improve
governance in public construction -- the Construction Sector
Transparency Initiative. |
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