Contractor’s bid pricing strategy: a model with correlation among competitors’ prices
The approach used by construction companies to determine bid prices is an element of their strategy used to win jobs in competitive tenders. Such strategies build upon an analysis of the contactor’s potential and capabilities (am I able to deliver? am I eligible to participate in the tender?), and t...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
De Gruyter
2019-06-01
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| Series: | Open Engineering |
| Subjects: | |
| Online Access: | https://doi.org/10.1515/eng-2019-0021 |