Unbalanced bidding on contracts with variation trends in client-provided quantities
Tong, Y.
Unbalanced bidding on contracts with variation trends in client-provided quantities - 1992 - Construction Management & Economics 10(1) January 1992, 69-80(12) .
This paper examines unbalanced contract bidding, a strategy for the allocation of rates to unit quantities for the benefit of the bidder. A mathematical model is proposed which attempts to objectively exploit variation trends in client-provided quantities. It is shown that the model can be solved by two methods - linear programming and the maximum- minimum method. The maximum-minimum method is preferred for most real-world situations. (Journal abstract)
BIDDING PROCESS
CONTRACT PROCEDURES
UNBALANCED BIDDING TECHNIQUES
Unbalanced bidding on contracts with variation trends in client-provided quantities - 1992 - Construction Management & Economics 10(1) January 1992, 69-80(12) .
This paper examines unbalanced contract bidding, a strategy for the allocation of rates to unit quantities for the benefit of the bidder. A mathematical model is proposed which attempts to objectively exploit variation trends in client-provided quantities. It is shown that the model can be solved by two methods - linear programming and the maximum- minimum method. The maximum-minimum method is preferred for most real-world situations. (Journal abstract)
BIDDING PROCESS
CONTRACT PROCEDURES
UNBALANCED BIDDING TECHNIQUES