QUT ePrints

Prequalification and c-competitiveness

Drew, Derek S. & Skitmore, Martin (1993) Prequalification and c-competitiveness. OMEGA: International Journal of Management Science, 21(3), pp. 363-376.

View at publisher

Abstract

Two major factors to be considered in prequalifying construction contract bidders are the likely costs and risks to be faced by the client upon award of the contract. Prequalification of too many bidders, although lowering client costs, increases risks and causes an excessive overhead on the bidding process.

A method of assessing the relative cost and risk implications associated with individual bidders is proposed. This involves calculating the percentage that bids are above the lowest bid in previous auctions, termed C-Competitiveness. It is argued that selecting only the lowest and most consistent C-Competitive bidders for a proposed contract auction will reduce client, risks and bidding overhead.

Impact and interest:

15 citations in Scopus
Search Google Scholar™
6 citations in Web of Science®

Citation countsare sourced monthly from Scopus and Web of Science® citation databases.

These databases contain citations from different subsets of available publications and different time periods and thus the citation count from each is usually different. Some works are not in either database and no count is displayed. Scopus includes citations from articles published in 1996 onwards, and Web of Science® generally from 1980 onwards.

Citations counts from the Google Scholar™ indexing service can be viewed at the linked Google Scholar™ search.

Full-text downloads:

792 since deposited on 05 Jun 2006
77 in the past twelve months

Full-text downloadsdisplays the total number of times this work’s files (e.g., a PDF) have been downloaded from QUT ePrints as well as the number of downloads in the previous 365 days. The count includes downloads for all files if a work has more than one.

ID Code: 4416
Item Type: Journal Article
Keywords: bidding, competitiveness, interfirm comparisons, performance ratios, prequalification, risk
DOI: 10.1016/0305-0483(93)90093-Z
ISSN: 0305-0483
Subjects: Australian and New Zealand Standard Research Classification > BUILT ENVIRONMENT AND DESIGN (120000) > ARCHITECTURE (120100)
Australian and New Zealand Standard Research Classification > BUILT ENVIRONMENT AND DESIGN (120000)
Divisions: Past > QUT Faculties & Divisions > Faculty of Built Environment and Engineering
Copyright Owner: Copyright 1993 Elsevier
Copyright Statement: Reproduced in accordance with the copyright policy of the publisher.
Deposited On: 05 Jun 2006
Last Modified: 10 Aug 2011 23:55

Export: EndNote | Dublin Core | BibTeX

Repository Staff Only: item control page