The effectiveness of joint operating contracts and their impact on the resources available to the facility

Abstract

            The research aims to highlight the importance of joint operation contracts and their impact on the resources available to the facility, as these contracts allow the public sector to contract with the private sector for the purpose of qualifying, managing and operating or building, managing and operating the facility's resources in order to benefit from the expertise of the private sector, training national workers and transferring modern technology to the public sector in a more efficient and effective manner. The most important conclusions reached are the weakness of the public sector (the facility) in conducting comprehensive studies of the economic feasibility of joint operation contract projects, which must include the objectives of these contracts, their importance and their role in influencing the company's activity. The most important recommendations are the need to conduct comprehensive economic feasibility studies for all (joint operation) projects before starting implementation. These studies must include the impact on revenues, estimating financial returns, and reducing costs, to ensure achieving the maximum and effective benefit from these projects.