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A Procedure for Rebalancing Unbalanced Bidding in Unit Price Contracts
Publisher: American Society of Civil Engineers
Abstract: Unbalanced pricing in unit price contracts aims at gaining additional benefits for the contractor who utilizes this strategy at the expense of the owner, or obtaining a competitive advantage over other competing bidders ...
An Owner’s Overview of Contractor’s Models for Unbalanced Bidding: Easing the Controversy over This Practice
Publisher: ASCE
Abstract: Contractors bidding on unit price contracts frequently utilize unbalanced bidding, particularly for public construction projects. Contractors’ use of unbalanced bids takes various forms and occurs at differing degrees to ...
The Controversy around Unbalanced Bidding in Construction: Seeking a Fair Balance
Publisher: American Society of Civil Engineers
Owner’s Countermeasures to Skewed Bidding in Construction Projects: Review of Current Practices and Proposal for New Countermeasures
Publisher: American Society of Civil Engineers
Handling Unbalanced Bidding in Construction Projects: Prevention Rather Than Detection
Publisher: American Society of Civil Engineers
Abstract: Unbalanced bidding is a common practice associated with both unit price and lump sum contracts. This practice is not usually in the owner’s best interests and is used in different forms by contractors for various reasons. ...
Handling Unbalanced Bidding in Construction Projects: Prevention Rather Than Detection
Publisher: American Society of Civil Engineers
Abstract: Unbalanced bidding is a common practice associated with both unit price and lump sum contracts. This practice is not usually in the owner’s best interests and is used in different forms by contractors for various reasons. ...
Handling Unbalanced Pricing in Bidding Regulations for Public Construction Projects
Publisher: ASCE
Abstract: Unbalanced pricing is a common strategy adopted by contractors who participate in competitive bidding for construction contracts. This strategy exposes owners to several risks, and therefore bidding regulations of a number ...
An International Overview of Unbalanced Pricing under Bidding Regulations for Public Construction Projects
Publisher: American Society of Civil Engineers
Abstract: Unbalanced pricing in competitive bidding is a source of concern for public authorities responsible for managing the tendering stage of public work projects. This paper studies international laws governing public bidding ...
A Legitimate Alternative for Unbalanced Bidding in Unit Price Contracts
Publisher: ASCE
Abstract: Unit-price contracts are common in public construction projects. Such contracts expose contractors to economic risks due to deviations between owner-estimated quantities and actual quantities of work. Contractors typically ...
Responsiveness of the Bid and Responsibility of the Bidder in Public Construction Bids
Publisher: American Society of Civil Engineers
Abstract: Contractors bidding on public construction projects must observe applicable rules and regulations and comply with their terms and conditions. Failure to do so exposes the bidding contractor to the risk that its bid will ...
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