Detail publikace

Impact of competition on prices in public sector procurement

HANÁK, T. MUCHOVÁ, P.

Originální název

Impact of competition on prices in public sector procurement

Typ

článek ve sborníku ve WoS nebo Scopus

Jazyk

angličtina

Originální abstrakt

Efficient use of public resources should be supported by quality management of the tender procedure to achieve competitive tender prices. This paper examines the issue of competitive environment within public works contracts and explores the influence of the number of bidders on the tender results. A research sample of 256 public tenders was investigated in order to evaluate two research hypotheses. Data evaluation was supported by interval plot, scatter plot and correlation analysis. It has been found that the number of bidders in the tender depends on the type of the subject matter of the tender; however, this difference does not have a significant impact on the level of competition. Another research finding supports the assumption that the number of bidders influences the relative difference between expected price and award price. It was concluded that contracting authorities must not only require a sufficient range of qualifications, but should also take any steps required to motivate a sufficient number of applicants to participate in the tender procedure to achieve competitive prices.

Klíčová slova

competition; construction project; price; public procurement; structure

Autoři

HANÁK, T.; MUCHOVÁ, P.

Rok RIV

2015

Vydáno

31. 8. 2015

Nakladatel

Elsevier

ISSN

1877-0509

Periodikum

Procedia Computer Science

Ročník

64

Číslo

1

Stát

Nizozemsko

Strany od

729

Strany do

735

Strany počet

7

URL

https://www.sciencedirect.com/science/article/pii/S1877050915027362

Plný text v Digitální knihovně

http://hdl.handle.net/11012/201150

BibTex

@inproceedings{BUT116188,
  author="Tomáš {Hanák} and Petra {Muchová}",
  title="Impact of competition on prices in public sector procurement",
  booktitle="ProjMAN - International Conference on Project MANagement",
  year="2015",
  journal="Procedia Computer Science",
  volume="64",
  number="1",
  pages="729--735",
  publisher="Elsevier",
  doi="10.1016/j.procs.2015.08.601",
  issn="1877-0509",
  url="https://www.sciencedirect.com/science/article/pii/S1877050915027362"
}