Oke, A; Omoraka, A and Olatunbode, A (2020) Appraisal of factors affecting bidding decisions in Nigeria. International Journal of Construction Management, 20(2), pp. 169-175. ISSN 1562-3599
Abstract
The usual practice in selecting a contractor for a project is through competitive bidding. The decision to bid is a complex activity that requires the consideration of several factors. These factors can be related to capability, time requirement and cost implication. The purpose of this study was to assess the factors related to time and cost performance with a view to examine their effect on bidding decisions. Data was obtained through the use of structured questionnaires from construction professionals in both consulting and contracting firms. The collected data was analysed through percentile and mean ranking. The study revealed the reputation of the client as the most prominent factor related to time performance that affects bidding decisions, while location and condition of the site were identified as the most significant factor related to cost performance that affects bidding decisions. Thus, it is recommended that contractors when taking bidding decisions should place priority on the reputation of the client, the location, and the condition of the site.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | bidding decision; cost performance; effect; time performance |
| Index terms: | construction professional, Nigeria, cost performance, bidding, appraisal, questionnaire, time performance, decision to bid, competitive bidding |
| Subjects: | project controls, Geography, professional development, factor and component analysis, economics, bidding, data collection methods |
| Topics: | Procurement, Cost Management, Information Management, Research Practice, Geographical Context, Time Control |
| Descriptive scope: | 3 PCA |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here