Exact(15)
The company objected to the government's change in its "stranded-costs" policy, which reimburses regulated companies for long-term contractual costs incurred before they were subjected to competition.
The accompanying analysis suggested that these hefty costs would be triggered by "long-term contractual arrangements" relating to "printing, distribution and back office services, in addition to redundancy costs".
The more intrinsic shortcoming of PPPs is the high transaction cost during long-term contractual relationship.
In this laboratory study, we investigate the interactive behaviors that develop over a perceived long-term contractual relationship.
PPPs usually incorporate a long-term contractual relationship between public and private sectors, as against to the short-term procurement in traditional public provision.
Managers can particularly find in relational norms a leverage point for designing collaborative day-to-day practices aimed at reinforcing trust and long-term contractual obligations.
Similar(45)
In contrast to prior research, long-term orientation and contractual functions were perceived to play a relatively limited role in improving owner contractor relationships.
Many of the Phillies' best players, including Howard, Chase Utley and Raul Ibanez, have long-term contracts, and the team maintains contractual control over every member of its fearsome lineup and five starting pitchers.
NFU president Peter Kendall welcomed the announcement, saying: "Tesco's desire to establish a dedicated relationship with producers matched with a long term direct contractual commitment should be praised.
The inherent opportunism of individuals in economic relationships makes contractual enforcement over a long-term period difficult.
The company would not confirm the long-term pay rate while the CQC said "contractual discussions" are still ongoing.
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