Exploring the bidding situation for economically most advantageous tender projects using a bidding game

Yeng Horng Perng, Yi Kai Juan, Sheng-Fen Chien

Research output: Contribution to journalArticle

29 Citations (Scopus)

Abstract

Most open tendering procedures in the real world are highly complex, uncertain, and costly. With an increasing emphasis on the quality and value of procurement, economically most advantageous tender (EMAT) has been widely adopted as an alternative contract-awarding criteria, which has changed competitive strategies in the construction industry. A conceptual model of competitive bidding in EMAT is first established to reflect the credibility of the bidding situation. A bidding game for EMAT projects is performed by 24 participants to partially test the conceptual model. The result reveals that the game has the potential to reveal important factors in the bidding situation, simulate competitive bidding behaviors, and explore competitive advantages in the EMAT bidding process. The learning effect from the game should be useful for contractors who are preparing to deliver optimal tenders in EMAT projects.

Original languageEnglish
Pages (from-to)1037-1042
Number of pages6
JournalJournal of Construction Engineering and Management
Volume132
Issue number10
DOIs
Publication statusPublished - 2006

All Science Journal Classification (ASJC) codes

  • Civil and Structural Engineering
  • Building and Construction
  • Industrial relations
  • Strategy and Management

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