Analysis of alternative tendering mechanisms for transportation Public-Private Partnerships

This paper describes a theoretical model based primarily on transaction costs, for comparing the various tendering mechanisms used for transportation Public-Private Partnership (PPP) projects. In particular, the model contrasts negotiated procedures with the open procedure, as defined by the current European Union legislation on public tendering. The model includes both ex ante transaction costs (borne during the tendering stage) and ex post transaction costs (such as enforcement costs, re-negotiation costs, and costs arising from litigation between partners), explaining the trade-off between them. Generally speaking, it is assumed that the open procedure implies lower transaction costs ex ante, while the negotiated procedure reduces the probability of the appearance of new contingencies not foreseen in the contract, hence diminishing the expected value of transaction costs ex post. Therefore, the balance between ex ante and ex post transaction costs is the main criterion for deciding whether the open or negotiated procedure would be optimal. Notwithstanding, empirical evidence currently exists only on ex ante transaction costs in transportation infrastructure projects. This evidence has shown a relevant difference between the two procedures as far as ex ante costs are concerned, favouring the open procedure. The model developed in this paper also demonstrates that a larger degree of complexity in a contract does not unequivocally favour the use of a negotiated procedure. Only in those cases dealing with very innovative projects, where important dimensions of the quality of the asset or service are not verifiable, may we observe an advantage in favour of the negotiated procedure. The bottom line is that we find it difficult to justify the employment of negotiated procedures in most transportation PPP contracts, especially in the field of roads. Nevertheless, the field remains open for future empirical work and research on the levels of transaction costs borne ex post in PPP contracts, as well as on the probabilities of such costs appearing under any of the procurement procedures.

Comparación de técnicas geofísicas para determinación de contaminación de suelos agrícolas

El objetivo del presente trabajo es evaluar los métodos de prospección geofísica que, además de servir para la caracterización hidrológica superficial en una finca de investigación vitivinícola, alcance la mayor resolutividad para la localización de contaminantes agrícolas. Con este fin se ha realizado, en primer lugar una revisión teórica de los métodos de prospección geofísica que, a priori, pueden considerarse más adecuados por cuanto reflejan en mayor medida las variaciones físicas derivadas de los efluentes químicos agrícolas de baja salinidad. Para alcanzar el objetivo del proyecto se ha realizado una serie de perfiles eléctricos de Tomografía Eléctrica y Polarización Inducida, además de un Sondeo de Resonancia Magnética Nuclear Se han obtenido mediante las técnicas tomográficas una caracterización del subsuelo para la determinación de la litología en profundidad con variaciones laterales bruscas, así como la porosidad de estas formaciones. La sección de cargabilidad (PI) ha permitido la detección de iones disueltos en el agua subterránea. Combinando estos resultados, con los obtenidos por Resonancia Magnética en la localización de las masas de agua y la permeabilidad de las rocas circundantes, somos capaces de determinar los agentes contaminantes así como su movilidad y distribución. La conclusión es que el método que resulta más efectivo para detección de contaminantes sería la combinación de todos ellos, puesto que son complementarios entre sí. ABSTRACT The main goal of this project is to evaluate the methods of geophysical prospection, also serving for surface hydrologic characterization in a research farm wine, reaching the most resoluteness for locating agricultural pollutants. To this end was made, first a theoretical review of geophysical prospecting methods that may be considered more suitable, a priori, as they reflect more closely the physical changes resulting from agricultural chemical measure low salinity. Reaching the objective of the project has made a series of Electrical Tomography profiles (ET) and Induced Polarization profiles (IP) also has conducted a drilling of Nuclear Magnetic Resonance (RMN). It was obtained by tomography characterization techniques for determining subsurface litho logy in depth and abrupt lateral variations, as well as the porosity of these formations. The chargeability Section (IP) has enabled detection of ions dissolved in groundwater. Combining these results with those that was obtained by Nuclear Magnetic Resonance with the location of groundwater body and the surrounding rocks permeability, we are able to determine the pollutants and the mobility and distribution of contaminants. The bottom line is the method more effective for detection of contaminants would be the combination of all of them because they are complementary in the environmental study.