The study on supervision of PPP project tender with game analysis

Abstract

PPP is an important financing pattern of quasi-public project. PPP project tender is of great significance to the entire project's success. This paper analyses the characteristic of PPP project tender and its supervision. Basing on above analysis, it introduces game theory to this study, analyses the relationship of various participants in the tender process, and establishes supervision compliance game model between the government and bidders and rent-seeking game model between the government and the executor, which provides a theoretical foundation for government supervision in the bidding process. Accordingly, it proposes some targeted recommendations at last. © 2012 Springer-Verlag.