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Abdel-Razek, R and McCaffer, R (1987) A change in the UK construction industry structure: implications for estimating. Construction Management and Economics, 5(03), 227-42.

Karni, R (1987) A systematic approach to stochastic scheduling. Construction Management and Economics, 5(03), 187-98.

Laufer, A and Tucker, R L (1987) Is construction project planning really doing its job? A critical examination of focus, role and process. Construction Management and Economics, 5(03), 243-66.

Peer, S (1987) Principles of an integrated construction company MIS with emphasis on its quantity-based sub-system. Construction Management and Economics, 5(03), 199-209.

Wilson, O D, Sharpe, K and Kenley, R (1987) Estimates given and tenders received: a comparison. Construction Management and Economics, 5(03), 211-26.

  • Type: Journal Article
  • Keywords: capital budgeting ; estimating; tendering; tender re-submission
  • ISBN/ISSN: 0144-6193
  • URL: https://doi.org/10.1080/01446198700000021
  • Abstract:

    Selection of the contractor and the tendering method constitute vital steps in the project procurement process. When budget approvals are based upon professional estimates, an excessive discrepancy between estimate and tender may lead to disruption of construction and budget programmes. This paper examines factors the influence the success of the tendering process within the constraints of a budgetary approval system. Three factors were found to be important in influencing the re-submit rate; namely the number of tenders, whether or not there was a Bill of Quantities, and whether the project value was less greater than $A50,000. The Procedure used for analysis was logistic regression applied to grouped and ungrouped data.