Detail publikace

Bidding Strategy in Construction Public Procurement: A Contractor’s Perspective

HANÁK, T. DROZDOVÁ, A. MAROVIĆ, I.

Originální název

Bidding Strategy in Construction Public Procurement: A Contractor’s Perspective

Typ

článek v časopise ve Web of Science, Jimp

Jazyk

angličtina

Originální abstrakt

A contractor’s ability to prepare a competitive bid for a construction tender is crucial for its survival on the market. The bid price estimation strategy should promote the probability of winning a sufficient amount of tenders but, at the same time, ensure the economic stability and development of the company. This paper aims to address this issue in the area of Czech public construction procurement. The opinions, experiences and practices of contractors were collected through a questionnaire survey, and the data were evaluated with the support of statistical methods. This revealed that Czech contractors mostly base their multicriteria bidding strategy on cost-oriented pricing while considering various aspects such as the risks and attractiveness of the tender. The Czech construction market is generally perceived as oriented toward low costs, and with a relatively common occurrence of abnormally low bids. The findings presented in this paper may help contractors improve their current bidding strategies in public construction procurement.

Klíčová slova

bidding strategy; construction project; contractor; cost estimation; public procurement

Autoři

HANÁK, T.; DROZDOVÁ, A.; MAROVIĆ, I.

Vydáno

30. 1. 2021

Nakladatel

MDPI

Místo

Switzerland

ISSN

2075-5309

Periodikum

Buildings

Ročník

11

Číslo

2

Stát

Švýcarská konfederace

Strany od

1

Strany do

14

Strany počet

14

URL

https://www.mdpi.com/2075-5309/11/2/47

Plný text v Digitální knihovně

http://hdl.handle.net/11012/196745

BibTex

@article{BUT168880,
  author="Tomáš {Hanák} and Adriana {Drozdová} and Ivan {Marović}",
  title="Bidding Strategy in Construction Public Procurement: A Contractor’s Perspective",
  journal="Buildings",
  year="2021",
  volume="11",
  number="2",
  pages="1--14",
  doi="10.3390/buildings11020047",
  issn="2075-5309",
  url="https://www.mdpi.com/2075-5309/11/2/47"
}