伙伴合作契约:政府投资项目防范风险的制度安排

Partner Cooperation Contract:A System to Guard Against the Risk of Government Investment Projects

政府投资项目代建模式的委托代理风险已成为影响项目管理效率的重要因素。伙伴合作契约能有效均衡契约主体各方内部的权利和义务,通过有限介入管理和决策,大大减少交易的不确定性。政府委托人可以通过伙伴合作契约约束代建单位,避免出现逆向选择现象,控制代建单位的道德风险行为。这种激励约束机制能把政府投资项目各主体紧密联系起来,把合同关系、风险关系整合成一个整体进行有效管理。

Under the mode of agent construction, the government investment project faces the risk of information asymmetry, which may greatly affect the management efficiency. The partner cooperation contract can effectively balance the rights and obligations of the parties, and greatly reduce the transaction uncertainty through the limited management and decision-making. The government clients may constrain the agents through the partner cooperation contract, avoid the adverse selection, and discipline the morality of the agents. This encouragement and restraint mechanism links the bodies of government investment projects together, and carries on effective management.