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Article

6 Citations

5,095 Views

28 Pages

A Bid/Mark-Up Decision Support Model in Contractor’s Tender Strategy Development Phase Based on Project Complexity Measurement in the Downstream Sector of Petroleum Industry

Amir Faraji,
Maria Rashidi,
Navid Ahmadi Eftekhari,
Srinath Perera and
Saba Mani

J. Open Innov. Technol. Mark. Complex.2022, 8(1), 33;https://doi.org/10.3390/joitmc8010033

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3 February 2022

The tender process is an inseparable step of the contract award process in the public sector, and from the other point of view, it is one of the crucial elements of the core business of construction contractors. Reviewing previous research reveals a...

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Article

4 Citations

3,115 Views

15 Pages

A Real Option Pricing Decision of Construction Project under Group Bidding Environment

Mengkai Liu and
Chenwei Zhu

Appl. Sci.2023, 13(2), 1130;https://doi.org/10.3390/app13021130

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14 January 2023

The bidding price is one of the important factors for construction enterprises in winning a bid. In the context of public bidding in the construction industry, in the process of group competition, how to estimate the individual bids to calculate thei...

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Article

6 Citations

5,406 Views

14 Pages

Statistical Methods in Bidding Decision Support for Construction Companies

Agnieszka Leśniak

Appl. Sci.2021, 11(13), 5973;https://doi.org/10.3390/app11135973

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27 June 2021

On the border of two phases of a building life cycle (LC), the programming phase (conception and design) and the execution phase, a contractor is selected. A particularly appropriate method of selecting a contractor for the construction market is the...

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