Abstract

Decision-Making In Construction Bidding Is One Of The Complicated Processes. In Determining Related Decisions, Contractors Weigh Various Bidding Factors To Assess The Expected Benefits Of A Construction Project. Various Studies Have Identified Factors That Impact Construction Bidding-Related Decisions. However, There Is A Lack Of Research That Examines The Alignment Between Industry And Literature As Related To The Perception Of The Importance Of Bidding Factors On Bidding Decisions. This Paper Fills This Area Of Research Need. First, The Authors Performed A Content Analysis Of 124 Construction Bidding-Related Journal Papers, And Accordingly, 43 Bidding Factors Were Identified And Mapped With Analyzed Journal Papers. Second, The Authors Developed A Survey To Gauge The Perception Of Industry Experts About The Influence Of The Identified Bidding Factors And Collected 82 Responses. Thereafter, A Statistical Analysis Was Conducted To Investigate The Alignment Between Literature And Industry. The Results Indicated That Some Bidding Factors Have Been Understudied In Literature Compared To Their Perceived Industry Importance Such As Risk Of Fluctuation In Labor, Equipment, Or Material Price, Contractor's Risk Attitude, And Value Of Liquidated Damages. Ultimately, This Study Adds To The Body Of Knowledge By Identifying Any Misalignment Between The Industry Needs And Research Efforts On Construction Bidding.

Department(s)

Civil, Architectural and Environmental Engineering

International Standard Book Number (ISBN)

978-078448528-6

Document Type

Article - Conference proceedings

Document Version

Citation

File Type

text

Language(s)

English

Rights

© 2024 American Society of Civil Engineers, All rights reserved.

Publication Date

01 Jan 2024

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