Title :
Research on the owner´s tactics to unbalanced bid under the mode of Code of Valuation with Bill Quantity of construction works
Author :
Yin, Yi-lin ; Qiao, Lu ; Li, Biao
Author_Institution :
Manage. Sch., Tianjin Univ. of Technol., Tianjin, China
Abstract :
The implementation of “Code of Valuation with Bill Quantity of construction works” marks the project cost reform has made a great progress, however it also creates space and opportunities for contractors using the unbalanced bid. This paper analyzes the mechanism of unbalanced bid of the contractor, summarizes the different types of unbalanced bid strategies and provides the reference for the owner´s project investment control. It reflects the principles of fairness, justice and openness under the market economic system and it also has very important practical significance.
Keywords :
construction industry; cost accounting; investment; project management; bill quantity; code of valuation; construction works; market economic system; owners project investment control; project cost reform; unbalanced bid strategies; Contracts; Materials; Measurement uncertainty; Bill Quantity of construction works; Prevention strategies; Unbalanced Bid;
Conference_Titel :
Industrial Engineering and Engineering Management (IE&EM), 2010 IEEE 17Th International Conference on
Conference_Location :
Xiamen
Print_ISBN :
978-1-4244-6483-8
DOI :
10.1109/ICIEEM.2010.5646655