Contractors' bidding behaviour and tender price prediction

Data relating to the bids for 384 roads contracts and 190 buildings contracts and a library of individual unit prices were obtained. The normality or near normality of the distribution of bids for buildings and roads contracts is established. This allows the relationship between mean and lowest bids...

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Bibliographic Details
Main Author: McCaffer, Ronald
Published: Loughborough University 1976
Subjects:
690
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.482228