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Topical Usage Of Contract Lifecycle Management In Housing And Russian Utility Sector

Table 2:

For the Public For Business
Advantages - rational distribution of the financial load and risks during the implementation of the expensive and long-term projects;- compatibility of works/services with the consumers’ demands;- decrease of the administrative load upon the government machine;- increased efficiency without sacrificing the quality of works/services - getting access to the “inaccessible” industries;- natural monopoly character of the activity together with the great financial flows and well-predicted sale; - possibility of setting tariffs;- great possibility to reduce expenses and to increase efficiency in the communal sphere as a revenue source
Disadvantages Private investors’ misuse of the budget funds - drawbacks in the legislation (property right, performance of the contractual obligations by the public);- unpredictable policy of the tariff regulations;- poor culture of contractual agreements and consumers’ payments;- imperfect organization of projects drafting and tenders
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