[HTML][HTML] Shared leadership, value and risks in large scale transport projects: Re-calibrating procurement policy for post COVID-19
Abstract Before the 2019 Coronavirus Disease (COVID-19) outbreak, the Australian
Commonwealth and State Governments invested significantly in the upgrade and
construction of large-scale transport infrastructure projects (> AU $500 million). However,
two trends prevail in Australia. Concessionaires/contractors face a requirement for fixed-
price contracts, high levels of risk, and low margins. Concomitantly, an increasing number of
projects have experienced significant cost blowouts, with adverse impacts on both the public …
Commonwealth and State Governments invested significantly in the upgrade and
construction of large-scale transport infrastructure projects (> AU $500 million). However,
two trends prevail in Australia. Concessionaires/contractors face a requirement for fixed-
price contracts, high levels of risk, and low margins. Concomitantly, an increasing number of
projects have experienced significant cost blowouts, with adverse impacts on both the public …
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