Leveraging Technology to Support Construction Regulation and Permitting Reform : Insights from Recent Country Experience
Good regulations, combined with sound enforcement mechanisms and an efficient, transparent, and affordable permitting process, can ensure safety standards for the community, facilitate investment in new building stock, and contribute to capital for...
| Main Authors: | , |
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| Format: | Report |
| Language: | English |
| Published: |
World Bank, Washington, DC
2018
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/720591529605551181/Leveraging-technology-to-support-construction-regulation-and-permitting-reform-insights-from-recent-country-experience http://hdl.handle.net/10986/30159 |
| Summary: | Good regulations, combined with sound
enforcement mechanisms and an efficient, transparent, and
affordable permitting process, can ensure safety standards
for the community, facilitate investment in new building
stock, and contribute to capital formation. A recent study
shows that long delays in obtaining permits can lead to
higher transaction costs and fewer transactions. Similarly,
an earlier study in the United States (US) found that
accelerating permit approvals by 3 months in a 22-month
project cycle could increase construction spending and
property tax revenue. Unpredictable, lengthy, and expensive
permitting procedures influence entrepreneurs' decision
making. A recent competitiveness report on the US, for
example, found that construction costs and the permitting
process were among the top 20 factors in determining the
location of a start-up. Given the relevance of this area for
both communities and investors, governments have sought to
leverage technology to enhance permitting service delivery
and improve availability of zoning requirements and building
regulatory information. |
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