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This is a companion paper to Bray, Hensher, and Wong (2018), reviewing developments in public transport institutional reform, contract design and implementation over the past 30 years since the inception of the International Conference Series on Competition and Ownership in Land Passenger Transport (known as the Thredbo Series). Whilst Thredbo has grown to encompass all topics in transport planning, policy, contracting, financing, data, as well as funding; competition and ownership remains the core focus and the 14 conferences to date constitute a unique resource to chart the conversation and state of the art as it has evolved in both developed and developing economies. Discussion is structured around three eras (the early years, turn of the century and recent developments) and six elements of contracting—market arbitration, procurement mechanism, asset ownership, contract design, risk allocation and …