The impact of market and supply configurations on the costs of tendering in the construction industry
Hughes, W., Hillebrandt, P.M., Lingard, H. and Greenwood, D.G. (2001) The impact of market and supply configurations on the costs of tendering in the construction industry. In: CIB World Building Congress 2001: Performance in Product and Practice, 2-6 April 2001, Wellington New Zealand.
The cost of tendering in the construction industry is widely suspected to be excessive, but there is little robust empirical evidence to demonstrate this. It also seems that innovative working practices may reduce the costs of undertaking construction projects and the consequent improvement in relationships should increase overall value for money. The aim of this proposed research project is to develop mechanisms for measuring the true costs of tendering based upon extensive in-house data collection undertaken in a range of different construction firms. The output from this research will enable all participants in the construction process to make better decisions about how to select members of the team and identify the price and scope of their obligations.
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