Procurement governance and information asymmetry in waste management of India (original) (raw)

Built Environment Project and Asset Management, 2020

Abstract

PurposeThe effect of the chosen procurement model on the contractual performance is an important but less researched area in governance literature. Therefore, the aim is to study the ramifications of procurement options on the contractual hazards emanating due to information asymmetry.Design/methodology/approachFour Indian MSW case studies provided the necessary evidence for the present study. Cross case analysis was conducted from the perspectives of information asymmetry, contract management skills of urban local bodies (ULBs), and uncertainty.FindingsThe findings suggest that bundling of MSW supply chain would increase the uncertainty of the project, and that contract management skills have a detrimental effect but more in a bundled project. Accordingly, occurrences of information asymmetry and related contractual hazards are more in bundled projects.Practical implicationsThe present understanding of the ULBs is not realistic enough to consider the full complexity of the strategi...

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