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Assad, A, Moselhi, O and Zayed, T (2021) Resilience-Driven Sustainability-Based Rehabilitation Planning for Water Distribution Networks. Journal of Construction Engineering and Management, 147(08).

Bademosi, F and Issa, R R A (2021) Factors Influencing Adoption and Integration of Construction Robotics and Automation Technology in the US. Journal of Construction Engineering and Management, 147(08).

Ballesteros-Pérez, P, Skitmore, M, Cerezo-Narváez, A, González-Cruz, M C, Pastor-Fernández, A and Otero-Mateo, M (2021) Standard Deviation of Bids for Construction Contract Auctions. Journal of Construction Engineering and Management, 147(08).

  • Type: Journal Article
  • Keywords: Construction contracts; Auctions; Bids; Tendering; Dispersion; Bid modelling; Bid forecasting;
  • ISBN/ISSN: 0733-9364
  • URL: https://doi.org/10.1061/(ASCE)CO.1943-7862.0002118
  • Abstract:
    Previous research has confirmed that the distribution of bids for construction auctions can be reasonably modeled with Lognormal distribution. The location parameter of this distribution (the mean μ) has been found to have a good linear correlation with the bidders’ cost estimates. However, the scale parameter (standard deviation of the bids, σ) remains noticeably difficult to anticipate. By analyzing 13 construction auction datasets, hard evidence is provided that the high variability of σ observed in construction auctions is mostly due to sample size (number of bids per auction). Moreover, we show that the coefficient of variation (σ/μ) of log-transformed bids follows the same χ2 distribution in uncapped auctions. This means the σ′s population value in similar auctions is nearly proportional to μ provided the bid price is not upper limited. Other findings are that more frequent bidders do not tend to bid lower, but their dispersion is narrower than sporadic bidders. These findings allow the introduction of important simplifications in construction bidding models, especially when access to historical data is limited.

Clement, D, Aliabadi, A A, Mackey, J, Thé, J and Gharabaghi, B (2021) Dust Emissions Management Model for Construction Sites. Journal of Construction Engineering and Management, 147(08).

Duodu, B and Rowlinson, S (2021) Opening Up the Innovation Process in Construction Firms: External Knowledge Sources and Dual Innovation. Journal of Construction Engineering and Management, 147(08).

Dutta, A, Breloff, S P, Dai, F, Sinsel, E W, Warren, C M, Carey, R E and Wu, J Z (2021) Application of Data Fusion via Canonical Polyadic Decomposition in Risk Assessment of Musculoskeletal Disorders in Construction: Procedure and Stability Evaluation. Journal of Construction Engineering and Management, 147(08).

Eiris, R, Jain, E, Gheisari, M and Wehle, A (2021) Online Hazard Recognition Training: Comparative Case Study of Static Images, Cinemagraphs, and Videos. Journal of Construction Engineering and Management, 147(08).

Genc, O (2021) SymbioConstruction: A Bibliography-Driven Dynamic Construction Industry Symbiosis Database. Journal of Construction Engineering and Management, 147(08).

Han, Y, Li, Y, Rao, P and Taylor, J E (2021) Global Collaborative Network of Skyscraper Projects from 1990 to 2010: Temporal Evolution and Spatial Characteristics. Journal of Construction Engineering and Management, 147(08).

Hu, Y, Castro-Lacouture, D, Eastman, C M and Navathe, S B (2021) Component Change List Prediction for BIM-Based Clash Resolution from a Graph Perspective. Journal of Construction Engineering and Management, 147(08).

Huang, Y, Trinh, M T and Le, T (2021) Critical Factors Affecting Intention of Use of Augmented Hearing Protection Technology in Construction. Journal of Construction Engineering and Management, 147(08).

Kammouh, O, Nogal, M, Binnekamp, R and Wolfert, A R M ( (2021) Mitigation Controller: Adaptive Simulation Approach for Planning Control Measures in Large Construction Projects. Journal of Construction Engineering and Management, 147(08).

Kazar, G and Comu, S (2021) Effectiveness of Serious Games for Safety Training: A Mixed Method Study. Journal of Construction Engineering and Management, 147(08).

Liu, Y, Habibnezhad, M, Shayesteh, S, Jebelli, H and Lee, S (2021) Paving the Way for Future EEG Studies in Construction: Dependent Component Analysis for Automatic Ocular Artifact Removal from Brainwave Signals. Journal of Construction Engineering and Management, 147(08).

Naumets, S and Lu, M (2021) Investigation into Explainable Regression Trees for Construction Engineering Applications. Journal of Construction Engineering and Management, 147(08).

Ragab, M A and Marzouk, M (2021) BIM Adoption in Construction Contracts: Content Analysis Approach. Journal of Construction Engineering and Management, 147(08).

Sherman, R, Gibson, G E, Merrow, E and Parrish, K (2021) Examining the Impact of Rate-of-Return Regulation on Capital Project Planning. Journal of Construction Engineering and Management, 147(08).

Tetteh, M O, Chan, A P C, Darko, A, Torku, A and Nani, G (2021) Critical Barriers to International Construction Joint Ventures Success: Multiexpert Views and Contextual Disparities. Journal of Construction Engineering and Management, 147(08).

Wang, Y, Shao, Z and Tiong, R L K (2021) Data-Driven Prediction of Contract Failure of Public-Private Partnership Projects. Journal of Construction Engineering and Management, 147(08).

Yevu, S K, Yu, A T W, Darko, A and Addy, M N (2021) Evaluation Model for Influences of Driving Forces for Electronic Procurement Systems Application in Ghanaian Construction Projects. Journal of Construction Engineering and Management, 147(08).

Zhang, J, Wang, T and Zhang, L (2021) Legal Risk Assessment Framework for International PPP Projects Based on Metanetwork. Journal of Construction Engineering and Management, 147(08).

Zhao, D, Simmons, D and Chen, Z (2021) Interconnectivity in Collaboration Networks Impact on Member Belongingness. Journal of Construction Engineering and Management, 147(08).