Managing Public Sector Contracts : Market Frictions and Human Resources Solutions / Matthew Potoski, Ole Helby Petersen, Lena Brogaard, Trevor Brown.

Format:

Book

Author/Creator:

Potoski, Matthew, author.

Petersen, Ole Helby, author.

Brogaard, Lena, author.

Brown, Trevor, author.

Series:

Elements in Public and Nonprofit Administration.

Elements in Public and Nonprofit Administration

Language:

English

Physical Description:

1 online resource (86 pages) : digital, PDF file(s).

Edition:

1st ed.

Place of Publication:

Cambridge : Cambridge University Press, 2026.

Summary:

This Element presents a framework for analyzing the complexities of contracting, how these vary across circumstances, the ways contract managers can address challenges, and the skills of contract managers. The framework is grounded on central concepts. Market frictions are underlying imperfections that cause common contracting problems; contract management activities are the tasks and procedures that contract managers perform to prepare and execute the purchase; and skills are the ability to perform contract management activities that identify and mitigate frictions. These concepts are interdependent - market frictions can influence the efficacy of contract management activities, activities may reduce or increase the presence of frictions, and skills may influence both the choice and effectiveness of activities in addressing contracting challenges. Omitting any of these components is likely to result in misleading accounts of the root causes and potential solutions to contracting challenges.

Contents:

Cover

Title page

Imprints page

Managing Public Sector Contracts

Contents

1 Introduction

2 Contracts, Contract Management, and Public Values

2.1 Contracts and Contract Management Activities

2.2 Contract Terms: Product, Exchange, and Governance Rules

2.3 Public Value and Costs in Government Contracting

2.4 Section Summary

3 Market Frictions as a Source of Contracting Challenges

3.1 Ideal Market Conditions

3.2 Market Frictions and Government Contracting

3.3 Market Frictions and Government Contract Management

3.4 Section Summary

4 Contract Management Skills for Market Frictions

4.1 Human Resources and Government Contract Management

4.2 Skills for Managing Market Frictions

4.3 Section Summary

5 The Framework Applied: Diagnosing and Treating Quality Shading

5.1 A Framework of Frictions, Management Activities, and Skills

5.2 Applying the Framework: Quality Shading

5.3 Interdependencies, Contract Outcomes, and Contract Management Workforce Investments

5.4 Section Summary

6 Conclusion

6.1 Implications for Research

6.2 Implications for Practice

References

Acknowledgments.

Notes:

Title from publisher's bibliographic system (viewed on 05 Feb 2026).

Description based on publisher supplied metadata and other sources.

ISBN:

1-009-18077-0

OCLC:

1574115896