A great body of knowledge exists on the theory of auctions and competitive bidding that is of potential relevance to … construction contract tendering. Most of this, however, contains assumptions – such as perfect information – that are unlikely to … assumptions in the construction tendering context. In particular, the effects of additive and multiplicative (scalar) mark-ups in …

This paper is concerned with predicting the probability of tendering the lowest bid in sealed bid auctions. Four of the … leading models from the bidding literature are shown to be subsumed within a general model – differing only in their method of … sample of real construction contract bidding data via all-in, one-out and one-on sample frames. A binomial test is used to …

Since Friedman, fundamental research in construction contract bidding and estimating has been concerned with the full … problem definition, formulation and calibration. The general problem definition is now virtually complete in that bidding … on the subject. Firstly, the relationship between bidding and estimating is considered along with the role of cost …

federally funded research project designed to explain the determinants of multinational contractors' willingness to bid for … contractors to bid for Australian public sector infrastructure, including the nature and extent to which this scope can be …