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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| Main Author: | Awwad, Rita E. (author) |
|---|---|
| Other Authors: | Ioannou, Photios G. (author) |
| Format: | article |
| Published: |
2010
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| 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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