Competitive bidding in the construction industry

Broemser, G M (1968) Competitive bidding in the construction industry. PhD thesis, Stanford University, USA.

Abstract

[Extract from introduction] This paper presents the results of normative research on competitive bidding in the construction industry. A prescriptive sequential bidding model is developed for use by a contractor. This model takes into account the resources of the firm and will guide the firm in deciding on which jobs to bid and how much to bid. The research will also illustrate how the model and data would be used in actual bidding situations in the construction industry and the practicality of its use will be evaluated. The study will deal with competitive bidding for prime contracts by general contractors with particular emphasis on building construction contracts awarded on a lump sum basis to the lowest qualified bidder.

Item Type: Thesis (Doctoral)
Uncontrolled Keywords: competitive bidding; bidding; bidding model
Index terms: bidding, general contractor, building construction, competitive bidding, construction industry, bidder
Subjects: building construction, industry analysis, bidding, practitioner
Topics: Research Practice, Roles and Professions, Construction Technology, Procurement
Descriptive scope: 3 PCT

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