Relevance Analysis on the Form of Shared Saving Contract between Tulungagung District Government and CV Harsari AMT (Case Study: Construction Project of Rationalization System of Public Street Lighting (PSL) in Tulungagung District)

The cooperation contract between Tulungagung District Government and CV Harsari AMT is an income sharing from savings in which the 90% is the right of CV Harsari AMT and 10% is included in the Local Revenue of Tulungagung District Government. This research is conducted to find out whether the form of Shared Saving Contract is still relevant to be carried out, to determine what factors influence it, to determine the most dominant influencing factors, and to determine the strategies that must be carried out to improve the relevance of the form of Shared Saving Contract.The data analysis methods include descriptive analysis, factor analysis, and multiple linear regression analysis which were applied to the answers of the questionnaires distributed to 52 respondents. Based on the research findings, descriptive analysis obtained an average score of 3.48. It means that the form of the Shared Saving Contract is still relevant to be implemented. Meanwhile, the F-test found that the Cooperation Type (X1), Work Type (X2), Contract Type (X3), Contract Content Understanding (X4), Applicable Regulations (X5), and Investment Opportunity (X6) simultaneously influence the Relevance of Shared Saving Contract Form with Fcalculate = 19.105 > Ftable = 2.308. However, based on the t-test, partially the factors that significantly influence the Relevance of Shared Saving Contract Form are the Contract Type (X3) with tcalculate = 5.400 > ttable = 2.014, Contract Content Understanding (X4) with tcalculate = 2.205 > ttable = 2.014, and Investment Opportunity (X6) with tcalculate = 2.634 > ttable = 2014. Then, the most dominant factor influencing the Relevance of Shared Saving Contract Form is the Contract Type (X3), with the β Coefficient value of 0.508. The strategy to improve the Relevance of Shared Saving Contract Form is that both parties must have experts in the contract field, so that the contract documents can be improved. Further research is expected to add other variables and indicators to produce more varied research.