Bidding competitions organized to identify the winner that gains the right to conclude a concession agreement are one of the forms of competition for the best market share and are the most impor¬tant stage of a concession project-related organizational process development. The experience gained in different countries of the world of organizing the concession bidding competitions in various infrastructure-related sectors (power supply, water supply, transportation services, etc.) is large but the experience has shown that the competition result is not always justified as the inad¬equate criteria are used when choosing the winner. The article author shows the reasons why the state officials choose the maximal concession pay¬ment as the only criterion that can identify the best concession competition bidder.
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Socially unacceptable criterion used to choose an infrastructure-related concession bidding competition winner
The author:
Martusevich R. A.
Degree:
Junior Research Fellow, Institute for Business and Market Analysis, Higher School of Economics
Location:
Moscow
