Two-envelope fee bidding is used frequently in allocating commissions to willing consultants such as architects …, engineers and surveyors. Consultant fees and technical scores are normally aggregated to form a total score. The consultant … obtaining the highest total score is usually awarded the commission. The consultant's objective is to get the highest total …

Consultants, in competing for work through two-envelope fee tendering, have been urged to consider variability … differences between fees and technical scores, since the criterion with the greatest variability will influence which consultant … is awarded the contract. Fee and technical score variability arising from different client fee tendering competitions is …

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 … consultant. Fees and quality score are then expressed as separate competitiveness ratios relative to these maximums and …

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 …

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

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 …

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 …