Isu Strategis Pada Pengadaan Pengusahaan Jalan Tol Dalam Kerjasama Pemerintah Dan Swasta

. Challenges in toll road investments have been explored in numerous studies; this paper focuses on the issues during procurement stage of investors. Based on initial study, eight issues related to procurement were identified, i.e., i). the process, ii). the evaluation on prequalification and selection stages, iii) the method of concession award, iv). the contract, v). the land acquisition, vi). the calculation of initial tariff, vii). the requirement for investments, and viii). legal/law enforcement. These issues were then confirmed to the relevant parties: the toll road authority (i.e., BPJT), three major investors, and the association of toll road investors (i.e. ATI). In-depth interviews with representatives of these stakeholders were conducted to gain more substantial resolution on the eight issues of procurement. While investors agree that the procurement controlled by the toll road authority has improved, the solution to the classic problem of land acuisitions is still ineffective. The procurement process is taking too long, risking inflating construction costs. The much higher weighting of financial aspect to technical aspect used bid in evaluation is critized. Investors believe that tariff calculation should reflect better risk allocation and the concession contract should be more unbiased in order to attract wider investments much needed for Indonesian toll road sector