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De Silva, G, Perera, B and Rodrigo, M (2019) Adaptive reuse of buildings: the case of Sri Lanka. Journal of Financial Management of Property and Construction, 24(01), 79–96.

K.V., P, V., V, R., V and Bhat, N (2019) Analysis of causes of delay in Indian construction projects and mitigation measures. Journal of Financial Management of Property and Construction, 24(01), 58–78.

Osei-Kyei, R, Chan, A P, Yao, Y and Mazher, K M (2019) Conflict prevention measures for public–private partnerships in developing countries. Journal of Financial Management of Property and Construction, 24(01), 39–57.

Santoso, D S and Bourpanus, N (2019) Moving to e-bidding. Journal of Financial Management of Property and Construction, 24(01), 2–18.

  • Type: Journal Article
  • Keywords: Bidding; Contractors; Public construction project; Tendering and procurement; Transparency in public procurement;
  • ISBN/ISSN: 1366-4387
  • URL: https://doi.org/10.1108/JFMPC-05-2018-0025
  • Abstract:
    This study aims to examine the influences of shifting the bidding system of Thai public infrastructure projects from e-auction to e-bidding. Design/methodology/approach A questionnaire survey was conducted with owners or senior managers with direct responsibility in deciding the mark-up of 72 small and medium-sized contractor firms. Five senior professionals were interviewed to provide insights into and to strengthen the discussion of the findings. The Wilcoxon test was applied to analyze the difference in the importance of the factors between e-auction and e-bidding. Findings The results revealed a shift in the importance of the factors, from those related to the financial aspects in the e-auction to the situational aspects in the e-bidding. The comparison test results also suggested that the majority of factors become significantly less important in the e-bidding system, with “identity of competitors” and “general expense of the bidding process” having the most apparent mean differences. The interview results supported by data on winning prices and estimations strongly indicated that bid collusions likely exist in the e-auction. By shifting to e-bidding, the data also show that the Thai Government can save public money in its infrastructure project development. Originality/value The study provides an analysis from the perspectives of contractor firms on how e-auction and e-bidding options influence bid mark-up decisions. Many studies have focused on the issues and advantages provided by the e-procurement mainly from the owner (government)’s perspective but how the change influences the contractor’s attitude has been less explored.

Singla, H K and Samanta, P K (2019) Determinants of dividend payout of construction companies: a panel data analysis. Journal of Financial Management of Property and Construction, 24(01), 19–38.

Velho Júnior, V E, Costa Melo, I, Alves Junior, P N and Rebelatto, D A d N (2019) Analysis of real estate management of lease service agreements by the public sector of a Latin American metropolis. Journal of Financial Management of Property and Construction , 24(01), 97–122.