2005 - TRN27 - Performance Based Contracting for Preservation and Improvement of Road Assets

World Bank Transport Note TRN27. The purpose of this Note is to review the worldwide experience with the PBC approach, highlight the main advantages, the steps involved and the results generated. The document is intended to provide World Bank transport sector staff, Ministries of Transport and road agencies of developing and transition countries with a clear understanding of the benefits, and risks, of applying the PBC approach. A separate Resource Guide (to be released by the World Bank in 2006) will offer more detailed information and resources pertaining to performance-based contracting.