A Study Of Methodology For PFI Project's Decision Making And Bid Evaluation

In recent twenty years, economic development aggravated the contradiction between need and supply of public goods increasingly. To adapt to the demand of new times, a tide of public administration reformation spread in the west countries.From 90's, England's public reform come into a new phase. In the public field which monopolized by government, the power of public department transfered to the private department gradually. The private company take on public business through competing, and in this way, a low cost and high quality public goods supply system was formed. PFI is a new mechanism that in all social capitals needing to be build and maintained by tax, the public only take care of the establishment of policy scheme; the design , capital preparing and operating are all taken by the private department. From the middle of 90s, PFI in England spread all public departments.In 1990s, China's economic come through a fast and persistent development and the demand for public utility increased greatly. The public utilities which include City's highways,trestle,big park,underground railways,sewerage disposal equipment,medical treatment center and so on are needing to be established urgently. So, as an important mode of finance and construction, PFI can play a good role in this ground.But the low cost and high quality public goods supply system won't come in an easy way. According to the experience in china, lacking an impersonal understood and effective evaluate method is an important reason for the failure of BOT projects.So, in this point, establish a decision making and evaluation system to sustain the PFI is very necessary. This paper's main work is as follows:Deep research on PFI's fundamental theory, which include PFI's background,concept,character,operating mode,risk allocation,contract management and so on.Abstract the essential factors that ensure the success of PFI according to England's practice, and based on these factors, try to establish a fuzzy evaluation model for the successful degree evaluation of PFI project in early phase.Set up a two-stage evaluation model which combine the DEA and grey relevancy analysis to complete the bid evaluation according to the PFI project's character. DEA is good at evaluating the performance of input-output unit, but it can't range them, grey relevancy analysis can make up it. So, integrate of the two method play a good role in PFI's bid evaluation.