The CoST approach aligns strongly with the aims of the private sector – it promotes fair competition for contracts and encourages more effective project management by procuring entities. Greater oversight throughout the project cycle also limits the opportunity for corruption, which damages both the reputation and efficiency of the sector.
CoST is undertaking research aimed at strengthening its relationship with the private sector and improving the mutual benefits for both parties. If you work in the infrastructure sector, we would greatly appreciate your participation in a short survey to help us determine how best this can be achieved.
Speaking to the launch of the survey, Executive Director Petter Matthews said:
We have always received good support from the private sector. At the international level this includes through industry bodies such as the International Federation of Consulting Engineers (FIDIC) and European International Contractors (EIC) and in addition, hundreds of companies in our member countries. However, we want to bring more structure to the relationships and be very explicit about how we can work together to produce mutual benefits. The research will explore how we can do that most effectively.
If you work in the infrastructure sector and would like to contribute, please complete the online survey which can be found here and share the link with your colleagues.
If you are unfamiliar with the CoST approach, it may be beneficial to read our publication The need for CoST: Strengthening economies and improving lives before undertaking the survey.