A pre-tender building cost estimate is an important piece of information when making decisions at the project planning and design stage. The important project characteristics influencing the accuracy of pre-tender building cost estimates are examined and practical improvement for increasing the...

The procurement of a construction contractor normally involves some form of prequalification. The better prequalification regimes adopt a structured multi-criteria approach (i.e. contractor evaluation based on a multiple of factors over and above cost). This research solicits contractors'...

We analyze whether it makes sense to auction off Universal Service Obligations in postal markets. Based on auction theory, case studies and sector-specific considerations we conclude that auctions will be difficult to implement in the postal sector.