System analysis for Contractor Prequalification based on P-DEA method

Author

Lei Li ; Wu, Chun-Lin ; Yan-Qing Li ; Xia, Heng ; Wang, Yan

Author_Institution

Dept. of Manage. & Econ., Tianjin Univ., Tianjin, China

fYear

2010

fDate

29-31 Oct. 2010

Firstpage

273

Lastpage

277

Abstract

Contractor Prequalification plays an important role in the bidding process of construction projects. Both the employer and the potential bidder attach great importance to it and many methods of prequalification have been used. This work propounds a potential bidder evaluation system, which is more suitable to the situation of construction project bidding. Compared with Weight Grade Method, P-DEA is more improved in reliability, objectivity and soundness. The “Practical Frontier” given in the work can be deemed as a regional industry standard, which may become either the foundation of prequalification or a reference for the contractor to improve performance.

Keywords

construction industry; contracts; data envelopment analysis; P-DEA method; bidder evaluation system; bidding process; construction project bidding; construction projects; contractor prequalification; regional industry standard; system analysis; Frequency locked loops; CPM; P-DEA; Practical frontier; Weight Grade Method;

fLanguage

English

Publisher

ieee

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

Type

conf

DOI

10.1109/ICIEEM.2010.5646664

Filename

5646664