Unsuccessful bids: Coefficient of variation of bids as indicator of project risk
Although unsuccessful bids are usually discarded once the bids are opened under the typical lowest-price sealed-bid project award auction environment, considering efforts and resources expended by responsive and responsible bidders, it is likely that not only a successful bid but also unsuccessful b...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Sciendo
2020-06-01
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Series: | Organization, Technology and Management in Construction: An International Journal |
Subjects: | |
Online Access: | https://doi.org/10.2478/otmcj-2020-0015 |