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Article: Analysis of contractors’ bidding decision in the palestinian construction industry

TitleAnalysis of contractors’ bidding decision in the palestinian construction industry
Authors
KeywordsBidding
Contractors
Decision
Construction
Issue Date2010
PublisherPontificia Universidad Catolica de Chile * Departamento de Ingenieria y Gestion de la Construccion. The Journal's web site is located at http://www.scielo.cl/scielo.php/script_sci_serial/pid_0718-5073/lng_en/nrm_iso
Citation
Revista de Ingenieria de Construccion, 2010, v. 25 n. 2, p. 161-214 How to Cite?
AbstractBoth the bid decision and the determination of the bid price are very important to every contractor. The importance of such decisions lies in the fact that, the success or failure of a contractor's business depends on the outcomes derived from these decisions. The aim of this paper is to identify and analyze the factors which are believed to affect bidding and markup size decisions in the construction industry in Gaza Strip. A questionnaire survey elicited responses from 77 general contractors. The results indicated that, most of the contractors depend on subjective processes in making bid/no bid and markup size decisions are based on experience-based judgment. Some factors are considered important in both decisions while some other factors are considered important in one decision but not the other. The most important groups which affects bid no bid and mark up size were found to be 'client and consultant of the project' group, and 'project conditions contributing to profitability of the project' group. The results also showed that, the current financial capability of the client, project size and financial status of the company were the main factors affecting bid no bid decisions. Regarding mark up size decision, it was found that the duration of project, political environment, and terms of payment were the main factors affecting the mark up decision. Some recommendations are proposed in this study.
Persistent Identifierhttp://hdl.handle.net/10722/169188
ISSN
2015 SCImago Journal Rankings: 0.184

 

DC FieldValueLanguage
dc.contributor.authorEnshassi, Aen_US
dc.contributor.authorKumaraswamy, MMen_US
dc.contributor.authorNairab, Sen_US
dc.date.accessioned2012-10-18T08:45:36Z-
dc.date.available2012-10-18T08:45:36Z-
dc.date.issued2010en_US
dc.identifier.citationRevista de Ingenieria de Construccion, 2010, v. 25 n. 2, p. 161-214en_US
dc.identifier.issn0716-2952-
dc.identifier.urihttp://hdl.handle.net/10722/169188-
dc.description.abstractBoth the bid decision and the determination of the bid price are very important to every contractor. The importance of such decisions lies in the fact that, the success or failure of a contractor's business depends on the outcomes derived from these decisions. The aim of this paper is to identify and analyze the factors which are believed to affect bidding and markup size decisions in the construction industry in Gaza Strip. A questionnaire survey elicited responses from 77 general contractors. The results indicated that, most of the contractors depend on subjective processes in making bid/no bid and markup size decisions are based on experience-based judgment. Some factors are considered important in both decisions while some other factors are considered important in one decision but not the other. The most important groups which affects bid no bid and mark up size were found to be 'client and consultant of the project' group, and 'project conditions contributing to profitability of the project' group. The results also showed that, the current financial capability of the client, project size and financial status of the company were the main factors affecting bid no bid decisions. Regarding mark up size decision, it was found that the duration of project, political environment, and terms of payment were the main factors affecting the mark up decision. Some recommendations are proposed in this study.-
dc.languageengen_US
dc.publisherPontificia Universidad Catolica de Chile * Departamento de Ingenieria y Gestion de la Construccion. The Journal's web site is located at http://www.scielo.cl/scielo.php/script_sci_serial/pid_0718-5073/lng_en/nrm_isoen_US
dc.relation.ispartofRevista de Ingenieria de Construccionen_US
dc.subjectBidding-
dc.subjectContractors-
dc.subjectDecision-
dc.subjectConstruction-
dc.titleAnalysis of contractors’ bidding decision in the palestinian construction industryen_US
dc.typeArticleen_US
dc.identifier.emailKumaraswamy, MM: mohan@hkucc.hku.hken_US
dc.identifier.authorityKumaraswamy, MM=rp00126en_US
dc.description.naturelink_to_OA_fulltext-
dc.identifier.doi10.4067/S0718-50732010000200002-
dc.identifier.hkuros211855en_US
dc.identifier.volume25en_US
dc.identifier.issue2-
dc.identifier.spage161en_US
dc.identifier.epage214en_US
dc.publisher.placeChile-

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