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Solving the Negative Earnings Dilemma of Multistage Bidding in Public Construction and Infrastructure Projects: A Game Theory–Based Approach
Publisher: ASCE
Abstract: With the tremendous increase in spending on public projects, contractors need to employ efficient and effective bidding strategies to cope with the competitive bidding environment. Usually, general contractors carry a ...
Data-Driven Analysis of Construction Bidding Stage–Related Causes of Disputes
Publisher: ASCE
Abstract: Construction bidding is a complex process that involves several potential risks and uncertainties for all the stakeholders involved. Such complexities, risks, and uncertainties, if uncontrolled, can lead to the rise of ...
A Holistic Approach to Exploring the Root Factors of Work Zone Accidents
Publisher: ASCE
Abstract: Work zones are crucial for infrastructure maintenance and improvement. However, ongoing projects within work zones sometimes can place workers and drivers in dangerous situations. Despite safety regulations, work zone ...
Assessing the Critical Factors Influencing Worker Safety in Roadway Work Zones
Publisher: American Society of Civil Engineers
Abstract: Ongoing roadway construction and maintenance activities are essential for sustaining and improving infrastructure. Nonetheless, work zones in the United States continue to experience concerning frequencies of occupational ...
Comprehensive Understanding of Factors Impacting Competitive Construction Bidding
Publisher: ASCE
Abstract: Construction competitive bidding has been studied by many researchers; however, their focus was mainly on certain bidding aspects. Thus, despite their value, existing bidding models have limited applicability for various ...
Administering Change Orders in Highway Projects
Publisher: ASCE
Abstract: Change orders continue to be one of the main challenges faced by the construction industry. Despite many previous research efforts related to managing change orders in the construction industry, there is still a lack of ...
Management of Change Orders in Infrastructure Transportation Projects
Publisher: ASCE
Abstract: The Illinois Department of Transportation (IDOT) will handle many upcoming projects due to the recent statewide infrastructure strategic plan and the fast-track efforts affecting many infrastructure projects amid COVID-19. ...
Comparing the Impact of Learning in Bidding Decision-Making Processes Using Algorithmic Game Theory
Publisher: ASCE
Abstract: Although previous research efforts have developed models to assist contractors in different bidding decisions, there is a lack of research work that investigates the impact of integrating learning algorithms into the ...
Evaluating Deterioration of Tunnels Using Computational Machine Learning Algorithms
Publisher: ASCE
Abstract: Tunnels are an integrated part of the transportation infrastructure. Structural evaluation and inspection of tunnels are vital tasks to assess the deterioration of tunnels and maintain their level of service. Researchers ...
Construction Bidding and the Winner’s Curse: Game Theory Approach
Publisher: American Society of Civil Engineers
Abstract: In the construction industry, competitive bidding has long been used as a method for contractor selection. Because the true cost of construction is not known until the completion of the project, adverse selection is a major ...
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