Contract form and procurement costs: the impact of compulsory multiple contractor laws in construction
It is claimed that many regulatory rules enforce inefficiencies in order to achieve the appearance of cost control. We assess the importance of these claims by measuring the effect of New York state's compulsory multiple contractor law on the cost of public construction in New York City. Multip...
Gespeichert in:
| Beteiligte Personen: | , , |
|---|---|
| Format: | Buch |
| Sprache: | Englisch |
| Veröffentlicht: |
Cambridge, Mass.
1997
|
| Schriftenreihe: | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series
5916 |
| Schlagwörter: | |
| Links: | http://papers.nber.org/papers/w5916.pdf |
| Zusammenfassung: | It is claimed that many regulatory rules enforce inefficiencies in order to achieve the appearance of cost control. We assess the importance of these claims by measuring the effect of New York state's compulsory multiple contractor law on the cost of public construction in New York City. Multiple contractor laws, which exist in many states, prohibit the use of general contractors in order to promote the appearance of competition. Contrasts of construction costs between buildings with identical blind cost estimates indicate that this law increases public construction costs by 8% and increases construction delays by more than a calendar year. |
| Umfang: | 20, [6] S. graph. Darst. |
Internformat
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| 490 | 1 | |a National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |v 5916 | |
| 520 | |a It is claimed that many regulatory rules enforce inefficiencies in order to achieve the appearance of cost control. We assess the importance of these claims by measuring the effect of New York state's compulsory multiple contractor law on the cost of public construction in New York City. Multiple contractor laws, which exist in many states, prohibit the use of general contractors in order to promote the appearance of competition. Contrasts of construction costs between buildings with identical blind cost estimates indicate that this law increases public construction costs by 8% and increases construction delays by more than a calendar year. | ||
| 650 | 4 | |a Politik | |
| 650 | 4 | |a Construction industry |x Government policy | |
| 650 | 4 | |a Public contracts |x Cost effectiveness | |
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| 700 | 1 | |a Filer, Randall |e Verfasser |4 aut | |
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| id | DE-604.BV011609826 |
| illustrated | Illustrated |
| indexdate | 2024-12-20T10:15:34Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-007819937 |
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| physical | 20, [6] S. graph. Darst. |
| publishDate | 1997 |
| publishDateSearch | 1997 |
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| record_format | marc |
| series | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| series2 | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| spelling | Ashenfelter, Orley 1942- Verfasser (DE-588)124081886 aut Contract form and procurement costs the impact of compulsory multiple contractor laws in construction Orley Ashenfelter ; David Ashmore ; Randall Filer Cambridge, Mass. 1997 20, [6] S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 5916 It is claimed that many regulatory rules enforce inefficiencies in order to achieve the appearance of cost control. We assess the importance of these claims by measuring the effect of New York state's compulsory multiple contractor law on the cost of public construction in New York City. Multiple contractor laws, which exist in many states, prohibit the use of general contractors in order to promote the appearance of competition. Contrasts of construction costs between buildings with identical blind cost estimates indicate that this law increases public construction costs by 8% and increases construction delays by more than a calendar year. Politik Construction industry Government policy Public contracts Cost effectiveness Ashmore, David Verfasser aut Filer, Randall Verfasser aut Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 5916 (DE-604)BV002801238 5916 http://papers.nber.org/papers/w5916.pdf kostenfrei Volltext |
| spellingShingle | Ashenfelter, Orley 1942- Ashmore, David Filer, Randall Contract form and procurement costs the impact of compulsory multiple contractor laws in construction National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series Politik Construction industry Government policy Public contracts Cost effectiveness |
| title | Contract form and procurement costs the impact of compulsory multiple contractor laws in construction |
| title_auth | Contract form and procurement costs the impact of compulsory multiple contractor laws in construction |
| title_exact_search | Contract form and procurement costs the impact of compulsory multiple contractor laws in construction |
| title_full | Contract form and procurement costs the impact of compulsory multiple contractor laws in construction Orley Ashenfelter ; David Ashmore ; Randall Filer |
| title_fullStr | Contract form and procurement costs the impact of compulsory multiple contractor laws in construction Orley Ashenfelter ; David Ashmore ; Randall Filer |
| title_full_unstemmed | Contract form and procurement costs the impact of compulsory multiple contractor laws in construction Orley Ashenfelter ; David Ashmore ; Randall Filer |
| title_short | Contract form and procurement costs |
| title_sort | contract form and procurement costs the impact of compulsory multiple contractor laws in construction |
| title_sub | the impact of compulsory multiple contractor laws in construction |
| topic | Politik Construction industry Government policy Public contracts Cost effectiveness |
| topic_facet | Politik Construction industry Government policy Public contracts Cost effectiveness |
| url | http://papers.nber.org/papers/w5916.pdf |
| volume_link | (DE-604)BV002801238 |
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