Wilson, O D and Kenley, R (1987) Estimates given and tenders received: A comparison. Construction Management and Economics, 5(3), pp. 211-226. ISSN 01446193
Abstract
Selection of the contractor and the tendering method constitute vital steps in the project procurement process. When budget approvals are based upon professional estimates, an excessive discrepancy between estimate and tender may lead to disruption of construction and budget programmes. This paper examines factors that influence the success of the tendering process within the constraints of a budgetary approval system. Three factors were found to be important in influencing the re-submit rate; namely the number of tenders, whether or not there was a Bill of Quantities, and whether the project value was less or greater than $A50 000. The procedure used for analysis was logistic regression applied to grouped and ungrouped data.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | tendering; professional |
| Index terms: | project procurement, programme, approval, estimate, bills of quantities, tendering process, logistic regression |
| Subjects: | contractual arrangements, financial and cost management, contractual role, statistical analysis, project controls, tendering |
| Topics: | Time Control, Contract Administration, Research Practice, Cost Management, Procurement |
| 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