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@inproceedings{1491936,
author = {Špetík, Ondřej},
address = {Žilina},
booktitle = {MATEC Web of Conferences},
doi = {http://dx.doi.org/10.1051/matecconf/201823500018},
editor = {Josef Gašparík, Juraj Čmaj, Jaroslav Mašek},
keywords = {competitive tendering; railway transport; liberalization; transportation policy},
howpublished = {elektronická verze "online"},
language = {eng},
location = {Žilina},
pages = {1-8},
publisher = {EDP Sciences},
title = {Cost Shock in Public Tenders Impacting the Railway Operator},
url = {https://doaj.org/article/abfa88f2d8004f23b48a9c8934db2c45},
year = {2018}
}
TY - JOUR
ID - 1491936
AU - Špetík, Ondřej
PY - 2018
TI - Cost Shock in Public Tenders Impacting the Railway Operator
PB - EDP Sciences
CY - Žilina
KW - competitive tendering
KW - railway transport
KW - liberalization
KW - transportation policy
UR - https://doaj.org/article/abfa88f2d8004f23b48a9c8934db2c45
L2 - https://doaj.org/article/abfa88f2d8004f23b48a9c8934db2c45
N2 - The aim of this paper is to find out whether the cost shocks occur in the passenger rail transport, whether it can cause problems of financing as well as to evaluate the ways which are used by the purchaser of public transport to change the subsidy for carriers in case of cost shock. Results have shown that costs shocks can negatively impact financing of the subsidised passenger railway transport, so purchasers of the transport services must be extremely cautious in setting the tender documentation. So that purchasers avoid time-inconsistency solution, it is necessary to set the change in the subsidy in the contract. None of the tested clauses used by purchasers is ideal. We can see over-/under-compensation. The clause with 55 % of the consumer price index and 35 % of the change in labour costs in the transport sector reaches better results especially in contracts with vehicles purchased by the carrier.
ER -
ŠPETÍK, Ondřej. Cost Shock in Public Tenders Impacting the Railway Operator. Online. In Josef Gašparík, Juraj Čmaj, Jaroslav Mašek. \textit{MATEC Web of Conferences}. Žilina: EDP Sciences, 2018, p.~1-8. ISSN~2261-236X. Available from: https://dx.doi.org/10.1051/matecconf/201823500018.
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