The impact of contractor selection method on transaction costs: a review
Language: English Series: Journal of Construction Procurement ; 4(2) November 1998, 89-102(14)Publication details: 1998Subject(s): Summary: Reviews the research evidence which suggests that although competitive tendering typically results in the lowest bidder winning the contract this may not represent the lowest project cost after completion. Research is still needed to investigate the imapct of different methods of contractor selection on the costs of entering into a contract and the decision to outsource (from journal abstract)| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS59850 (Browse shelf(Opens below)) | 1 | Available | 90396-1001 |
Reviews the research evidence which suggests that although competitive tendering typically results in the lowest bidder winning the contract this may not represent the lowest project cost after completion. Research is still needed to investigate the imapct of different methods of contractor selection on the costs of entering into a contract and the decision to outsource (from journal abstract)