How to measure reliability on contractual arrangements?
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Contractual reliability can be measured through various methodologies. One approach involves analyzing the appropriateness of guarantee or warranty provisions in contracts, as demonstrated in the study by Wang et al.. Another method is to evaluate how different types of after-sales maintenance support contracts impact product reliability, such as time and material contracts (T&MC) and performance-based contracts (PBC), as explored by Guajardo et al.. Additionally, assessing the organizational and technological reliability of a construction organization and its competitive offers for tenders can provide insights into contractual reliability, as proposed by Mikhaylova. By considering these methodologies, governments and organizations can effectively design contractual arrangements that balance incentives for private sector participation while safeguarding public interests.
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01 Feb 2021 | Reliability in contractual arrangements can be measured by assessing the organizational and technological reliability of a construction organization based on the intensity of capital investment development. |
30 Citations | Reliability on contractual arrangements can be measured by assessing the impact of different contract types, like time and material contracts (T&MC) versus performance-based contracts (PBC), on product reliability. |
| Reliability on contractual arrangements can be measured by assessing the impact of different contract types, such as time and material contracts (T&MC) versus performance-based contracts (PBC), on product reliability. | |
| Reliability in contractual arrangements can be measured by assessing the financial hedge impact on investor responses, influencing resource mix and market structure in electricity markets. | |
1 Citations | Contract reliability can be measured using a contract reliability index and evaluation process, as proposed in the study, to assess guarantee or warranty provisions in alternative infrastructure project delivery contracts. |
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