2004West-china Exploration EngineeringRequires access

Several Problems of Note for Bidding Price

Nian Qian-yuan

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Abstract

Bidding system has been widely applied in construction industry with the gradual social and economic development. The public bidding system allows the investor to select the best bidding institute who has the most advanced technology and best reputation. Therefore the contractor will adopt all sorts of technical measures and bidding technique in order to win the bidding. But several problems should be noted of bidding price.

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What this paper is about

Bidding system has been widely applied in construction industry with the gradual social and economic development. The public bidding system allows the investor to select the best bidding institute who has the most advanced technology and best reputation. Therefore the contractor will adopt all sorts of technical measures and bidding technique in order to win the bidding. But several problems should be noted of bidding price.

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Available abstract

Bidding system has been widely applied in construction industry with the gradual social and economic development. The public bidding system allows the investor to select the best bidding institute who has the most advanced technology and best reputation. Therefore the contractor will adopt all sorts of technical measures and bidding technique in order to win the bidding. But several problems should be noted of bidding price.

Key concepts: Bidding, Real-time bidding, Ebidding, Reputation, Construction bidding, Order (exchange), Business, Microeconomics

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