Nyström, Johan; Mandell, Svante - In: Journal of Public Procurement 19 (2019) 1, pp. 46-54
Purpose: Several sectors, especially the construction industry, use unit price contracting (UPC). This contracting form provides agents, ex ante, with estimated quantities of the work to be done. Competing agents then offer corresponding unit prices i.e. the bid is a price vectors, and most...