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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 be tenable in practice. The aim, therefore,...
Persistent link: https://www.econbiz.de/10009437646
Sustainability has been increasingly recognised as an integral part of highway infrastructure development. In practice …-reaching effect on each project over time. Therefore, with highway infrastructure’s long-term life span and huge capital demand, the … is being developed to assist highway infrastructure stakeholders to evaluate their investment decision. This will …
Persistent link: https://www.econbiz.de/10009438365
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institutional and regulatory reforms as well as procurement and local content. …
Persistent link: https://www.econbiz.de/10011938180
Engineering procurement and construction (EPC) is a normative practice globally approved since China has been engaging … in international cooperation under the Belt and Road Initiative (BRI) infrastructure development. EPC has been adopted in … the delivery of BRI infrastructure projects in other countries. Compared to the domestic method of contract, EPC remains …
Persistent link: https://www.econbiz.de/10012484456
Public procurement of infrastructure has been subject to a long standing debate concerning the procurements …' qualification requirements. Basically, it remains unclear what determines public procurement officers to vary procurements … improve our understanding of why contracting authorities choose specific requirements prior to public procurement. What …
Persistent link: https://www.econbiz.de/10011574906
Persistent link: https://www.econbiz.de/10012107496
institutional and regulatory reforms as well as procurement and local content. …
Persistent link: https://www.econbiz.de/10011944112
Given global demand for new infrastructure, governments face substantial challenges in funding new infrastructure and … selection of major public sector infrastructure in Australia, along with a review of the related literature concerning the Multi …-Attribute Utility Approach (MAUA) and the effect of MAUA on the role of risk management in procurement selection. To contribute towards …
Persistent link: https://www.econbiz.de/10009438098
PPP infrastructure project procurement in Indonesia and Australia. Public Sector Comparator (PSC) is used to assess the … financing scheme due to value for money (VFM) issues. The procurement authority must show whether a PPP proposal is the optimal … potential project VFM quantitatively in Australia. In Indonesia, the PSC has not been applied, where the PPP procurement …
Persistent link: https://www.econbiz.de/10009438285