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 ...

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 ...

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 ...

Abstract: Unit price contracts are awarded to contractors based on estimated quantities of work, while payments to contractors are based on the actual quantities performed. Deviations between such estimated and actual quantities ...