Bidding Strategy in Construction Public Procurement: A Contractor’s Perspective

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dc.contributor.authorHanák, Tomášcs
dc.contributor.authorDrozdová, Adrianacs
dc.contributor.authorMarović, Ivancs
dc.coverage.issue2cs
dc.coverage.volume11cs
dc.date.accessioned2021-05-17T10:53:06Z
dc.date.available2021-05-17T10:53:06Z
dc.date.issued2021-01-30cs
dc.description.abstractA contractor’s ability to prepare a competitive bid for a construction tender is crucial for its survival on the market. The bid price estimation strategy should promote the probability of winning a sufficient amount of tenders but, at the same time, ensure the economic stability and development of the company. This paper aims to address this issue in the area of Czech public construction procurement. The opinions, experiences and practices of contractors were collected through a questionnaire survey, and the data were evaluated with the support of statistical methods. This revealed that Czech contractors mostly base their multicriteria bidding strategy on cost-oriented pricing while considering various aspects such as the risks and attractiveness of the tender. The Czech construction market is generally perceived as oriented toward low costs, and with a relatively common occurrence of abnormally low bids. The findings presented in this paper may help contractors improve their current bidding strategies in public construction procurement.en
dc.formattextcs
dc.format.extent1-14cs
dc.format.mimetypeapplication/pdfcs
dc.identifier.citationBuildings. 2021, vol. 11, issue 2, p. 1-14.en
dc.identifier.doi10.3390/buildings11020047cs
dc.identifier.issn2075-5309cs
dc.identifier.other168880cs
dc.identifier.urihttp://hdl.handle.net/11012/196745
dc.language.isoencs
dc.publisherMDPIcs
dc.relation.ispartofBuildingscs
dc.relation.urihttps://www.mdpi.com/2075-5309/11/2/47cs
dc.rightsCreative Commons Attribution 4.0 Internationalcs
dc.rights.accessopenAccesscs
dc.rights.sherpahttp://www.sherpa.ac.uk/romeo/issn/2075-5309/cs
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/cs
dc.subjectbidding strategyen
dc.subjectconstruction projecten
dc.subjectcontractoren
dc.subjectcost estimationen
dc.subjectpublic procurementen
dc.titleBidding Strategy in Construction Public Procurement: A Contractor’s Perspectiveen
dc.type.driverarticleen
dc.type.statusPeer-revieweden
dc.type.versionpublishedVersionen
sync.item.dbidVAV-168880en
sync.item.dbtypeVAVen
sync.item.insts2021.05.17 12:53:06en
sync.item.modts2021.05.17 12:13:52en
thesis.grantorVysoké učení technické v Brně. Fakulta stavební. Ústav stavební ekonomiky a řízenícs
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