Estimating future bidding performance of competitor bidders in capped tenders

Research in Bid Tender Forecasting Models (BTFM) has been in progress since the 1950s. None of the developed models were easy-to-use tools for effective use by bidding practitioners because the advanced mathematical apparatus and massive data inputs required. This scenario began to change in 2012 w...

Full description

Bibliographic Details
Main Authors: Pablo Ballesteros-Pérez, M. Carmen González-Cruz, Marta Fernández-Diego, Eugenio Pellicer
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2014-07-01
Series:Journal of Civil Engineering and Management
Subjects:
bid
Online Access:http://journals.vgtu.lt/index.php/JCEM/article/view/3165