A method for analysing the competitiveness of a consultant's two-envelope fee tendering history is proposed and … aggregated for determining overall competitiveness. In analysing bidding performance it was found that this consultant's fee …

A great body of knowledge exists on the theory of auctions and competitive bidding that is of potential relevance to … construction contract tendering. Most of this, however, contains assumptions – such as perfect information – that are unlikely to … assumptions in the construction tendering context. In particular, the effects of additive and multiplicative (scalar) mark-ups in …

possible value in strategic bidding; providing an indication of mistakes in bids; determining a justifiable amount of bid … provides overwhelming evidence in favor of the dominance of inherent variability in bidding. …

This paper discusses the content, origin and development of tendering theory as a theory of price determination. It … demonstrates how tendering theory determines prices and how it is different from game and decision theories, and that in the … tendering process, with non-cooperative, simultaneous, single sealed bids with individual private valuations, extensive public …

Consultants' fees and technical submissions in two-envelope fee tendering are usually converted to scores. The fee … undertaken in the popular two-envelope fee tendering models. It seems that in many cases the consultant selection becomes biased …

A great body of knowledge exists on the theory of auctions and competitive bidding that is of potential relevance to … construction contract tendering. Most of this, however, contains assumptions—such as perfect information—that are unlikely to be … assumptions to align more closely with the construction tendering situation. In particular, the effects of additive and …

Two-envelope fee bidding is used frequently in allocating commissions to willing consultants such as architects …

Consultants, in competing for work through two-envelope fee tendering, have been urged to consider variability … is awarded the contract. Fee and technical score variability arising from different client fee tendering competitions is … analysed in this paper, and a method proposed for determining whether a particular client's two-envelope fee tendering …