- Title
- A theoretical framework for reducing tendering costs in the procurement of infrastructure projects
- Creator
- Jin, X. - H.; Zuo, J.; Xia, B.; Ke, Y.
- Relation
- ICEC 2014 - IX World Congress: Re-Engineering Total Cost Management. Proceedings from the ICEC 2014 - IX World Congress: Re-Engineering Total Cost Management (Milan, Italy 20-22 October, 2014)
- Relation
- http://www.icec2014.it/download/
- Publisher
- International Cost Engineering Council (ICEC)
- Resource Type
- conference paper
- Date
- 2014
- Description
- Purpose of this paper: One way in which the tendering process can be further improved is by reviewing and clarifying the high costs that participants face during the course of the tendering phase. The study aims to provide project teams working in construction tender preparation a clear picture of what to expect when tendering for infrastructure projects. Design/methodology/approach: Firstly, a review of current literature on tendering in infrastructure projects is conducted to identify the associated costs affecting traditional and PPP procurements as well as the potential measures contributing to tendering cost-reduction. A theoretical framework and its corresponding research hypotheses, which are based on the literature reviewed, are then proposed. An industry-wide questionnaire survey is currently under design to solicit industry practitioners’ views on tendering costs and the associated tendering cost-reduction measures. The data collected in the survey will subject to statistical analysis to test the proposed research hypotheses, which will be reported in a forthcoming paper. Findings and value: The direct and indirect costs in public-private procurement have been identified and have been categorised into internal and external costs arising from working on tender submissions. A theoretical framework, mainly composed of five mechanisms of cost reduction, has been proposed and will be tested in a forthcoming industry-wide questionnaire survey. Originality/value of paper: The findings are expected to lead to a transparent tendering process in infrastructure procurement, in which there is increased engagement from the private sector as well as an increase in competitive tendering.
- Subject
- tendering cost; infrastructure; public-private partnership; Australia
- Identifier
- http://hdl.handle.net/1959.13/1293534
- Identifier
- uon:18628
- Identifier
- ISBN:9788894014105
- Language
- eng
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