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Abdallah, M, El-Rayes, K and Liu, L (2016) Minimizing Upgrade Cost to Achieve LEED Certification for Existing Buildings. Journal of Construction Engineering and Management, 142(02).
Ahmed, M O, El-adaway, I H, Coatney, K T and Eid, M S (2016) Construction Bidding and the Winner’s Curse: Game Theory Approach. Journal of Construction Engineering and Management, 142(02).
Aljassmi, H, Han, S and Davis, S (2016) Analysis of the Complex Mechanisms of Defect Generation in Construction Projects. Journal of Construction Engineering and Management, 142(02).
AlMaian, R Y, Needy, K L, Walsh, K D and Alves, T d C L (2016) A qualitative data analysis for supplier quality-management practices for engineer-procure-construct projects. Journal of Construction Engineering and Management, 142(02), 04015061.
Arroyo, P, Tommelein, I D and Ballard, G (2016) Selecting Globally Sustainable Materials: A Case Study Using Choosing by Advantages. Journal of Construction Engineering and Management, 142(02).
Austin, R B, Pishdad-Bozorgi, P and de la Garza, J M (2016) Identifying and Prioritizing Best Practices to Achieve Flash Track Projects. Journal of Construction Engineering and Management, 142(02).
Baqerin, M H, Shafahi, Y and Kashani, H (2016) Application of Weibull Analysis to Evaluate and Forecast Schedule Performance in Repetitive Projects. Journal of Construction Engineering and Management, 142(02).
Chen, Q, Jin, Z, Xia, B, Wu, P and Skitmore, M (2016) Time and Cost Performance of Design–Build Projects. Journal of Construction Engineering and Management, 142(02).
Chiang, Y H, Li, V J, Zhou, L, Wong, F and Lam, P (2016) Evaluating Sustainable Building-Maintenance Projects: Balancing Economic, Social, and Environmental Impacts in the Case of Hong Kong. Journal of Construction Engineering and Management, 142(02).
Choi, K, Lee, H W, Mao, Z, Lavy, S and Ryoo, B Y (2016) Environmental, Economic, and Social Implications of Highway Concrete Rehabilitation Alternatives. Journal of Construction Engineering and Management, 142(02).
Dang, T and Bargstädt, H (2016) 4D Relationships: The Missing Link in 4D Scheduling. Journal of Construction Engineering and Management, 142(02).
De Marco, A, Rafele, C and Thaheem, M J (2016) Dynamic Management of Risk Contingency in Complex Design-Build Projects. Journal of Construction Engineering and Management, 142(02).
Hasan, A and Jha, K N (2016) Acceptance of the Incentive/Disincentive Contracting Strategy in Developing Construction Markets: Empirical Study from India. Journal of Construction Engineering and Management, 142(02).
He, W, Tang, W, Wei, Y, Duffield, C F and Lei, Z (2016) Evaluation of Cooperation during Project Delivery: Empirical Study on the Hydropower Industry in Southwest China. Journal of Construction Engineering and Management, 142(02).
Hyari, K H (2016) Handling Unbalanced Bidding in Construction Projects: Prevention Rather Than Detection. Journal of Construction Engineering and Management, 142(02).
- Type: Journal Article
- Keywords: Competitive bidding; Balanced bid; Unit price contract; Unbalanced bidding; Bidding practices; Contractor behavior; Contracting;
- ISBN/ISSN: 0733-9364
- URL: https://doi.org/10.1061/(ASCE)CO.1943-7862.0001045
- Abstract:
Unbalanced bidding is a common practice associated with both unit price and lump sum contracts. This practice is not usually in the owner’s best interests and is used in different forms by contractors for various reasons. Bid evaluation practices try to identify unbalanced bids and may reject the lowest bid if it is perceived to be unbalanced. Previous research on this topic focused on either helping contractors unbalance their bids or detecting imbalance in bids in order to reject them. This paper proposes a model based on a prevention, rather than detection, approach to handling unbalanced bidding. The proposed model balances all the bids submitted for a project and thereby neutralizes the impact of manipulating bid prices to obtain undeserved payments from owners. This approach protects the interests of the owners while maintaining the essence of competitive bidding by awarding the project to the bidder who submitted the lowest bid in a fair competitive process. Two examples, representing the bidding results of two projects, are analyzed to demonstrate the capability of the model in handling various forms of unbalanced bidding. Use of the model by owners will help protect them from the negative consequences of unbalanced bidding. It is also expected that, as owners begin to use the developed model, contractors will be less motivated to practice unbalanced bidding since it will not be possible to attain the desired objective by manipulating bid prices.
Jarkas, A M (2016) Effect of Buildability on Labor Productivity: A Practical Quantification Approach. Journal of Construction Engineering and Management, 142(02).
Jiang, H, Lin, P and Qiang, M (2016) Public-Opinion Sentiment Analysis for Large Hydro Projects. Journal of Construction Engineering and Management, 142(02).
Jin, R, Han, S, Hyun, C and Cha, Y (2016) Application of Case-Based Reasoning for Estimating Preliminary Duration of Building Projects. Journal of Construction Engineering and Management, 142(02).
Kim, T, Lee, H W and Hong, S (2016) Value Engineering for Roadway Expansion Project over Deep Thick Soft Soils. Journal of Construction Engineering and Management, 142(02).
Leung, M, Yu, J and Chong, M L A (2016) Effects of Stress and Commitment on the Performance of Construction Estimation Participants in Hong Kong. Journal of Construction Engineering and Management, 142(02).
Lim, T, Park, S, Lee, H and Lee, D (2016) Artificial Neural Network–Based Slip-Trip Classifier Using Smart Sensor for Construction Workplace. Journal of Construction Engineering and Management, 142(02).
Lines, B C, Sullivan, K T and Wiezel, A (2016) Support for Organizational Change: Change-Readiness Outcomes among AEC Project Teams. Journal of Construction Engineering and Management, 142(02).
Liu, Y and Yeh, I (2016) Building Valuation Model of Enterprise Values for Construction Enterprise with Quantile Neural Networks. Journal of Construction Engineering and Management, 142(02).
Oh, E H, Naderpajouh, N, Hastak, M and Gokhale, S (2016) Integration of the Construction Knowledge and Expertise in Front-End Planning. Journal of Construction Engineering and Management, 142(02).
Rafiei, M H and Adeli, H (2016) A Novel Machine Learning Model for Estimation of Sale Prices of Real Estate Units. Journal of Construction Engineering and Management, 142(02).
Said, H (2016) Modeling and Likelihood Prediction of Prefabrication Feasibility for Electrical Construction Firms. Journal of Construction Engineering and Management, 142(02).
Seyis, S, Ergen, E and Pizzi, E (2016) Identification of Waste Types and Their Root Causes in Green-Building Project Delivery Process. Journal of Construction Engineering and Management, 142(02).
Shokri, S, Ahn, S, Lee, S, Haas, C T and Haas, R C G (2016) Current Status of Interface Management in Construction: Drivers and Effects of Systematic Interface Management. Journal of Construction Engineering and Management, 142(02).
Shokri, S, Haas, C T, G. Haas, R C and Lee, S H (2016) Interface-Management Process for Managing Risks in Complex Capital Projects. Journal of Construction Engineering and Management, 142(02).
Tymvios, N and Gambatese, J A (2016) Perceptions about Design for Construction Worker Safety: Viewpoints from Contractors, Designers, and University Facility Owners. Journal of Construction Engineering and Management, 142(02).