The main task of contractors' estimators is to predict the likely costs involved in executing a future project. This is an onerous job as any errors made can undermine project success and ultimately reduce the contractors' profit margins. The inherent uncertainty of most construction work,...

Purpose – The purpose of this paper is to examine the use of bid information, including both price and non‐price factors in predicting the bidder's performance. Design/methodology/approach – The practice of the industry was first reviewed. Data on bid evaluation and performance records of...