Below-Average Bidding Method

The low-bid method, typically used for competitive bidding in the United States, may result in a contract with a firm that submits either accidentally or deliberately an unrealistically low-bid price. Such an occurrence hurts both the owner and the contractor by promoting disputes, increased costs,...

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Bibliographic Details
Main Author: Awwad, Rita E. (author)
Other Authors: Ioannou, Photios G. (author)
Format: article
Published: 2010
Online Access:http://hdl.handle.net/10725/3049
http://dx.doi.org/10.1061/ ASCECO.1943-7862.0000202
http://ascelibrary.org/doi/abs/10.1061/(ASCE)CO.1943-7862.0000202
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