Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Why Tender Prices Differ Between Tendering Contractors within UK Construction Industry?

April 26, 2017Construction contractors differ Industry prices tender tendering UK

0

Posted

Why Tender Prices Differ Between Tendering Contractors within UK Construction Industry?

1 Answer

0

Posted

The paper looks at the differences in submitted tender prices between rival companies examining the concept of bidding efficiency (BE) and the factors that may have the influence on the BE of the company that submits the tender. The reasons for wide differences in submitted tender prices between contractors are explained.