A MODEL VALUE FRAMEWORK FOR BIDDERS’ EVALUATION AT TENDERING STAGE | ||
| Fayoum University Journal of Engineering | ||
| Volume 7, Issue 1, January 2024, Pages 21-39 PDF (890.92 K) | ||
| Document Type: Review article | ||
| DOI: 10.21608/fuje.2023.209352.1049 | ||
| Author | ||
| Mohammed Said Meselhy* | ||
| Architectural Engineering Department, Faculty of Engineering, Fayoum University | ||
| Abstract | ||
| There are weaknesses in the existing tendering procedure that could be used against project delivery. A few publications studies that spe-cifically address the causes of these exploitations (such as money theft, false billing, etc.). The main reason which is related to the nega-tive effect on the projects is the finance bid report. It is a very important index for bidders’ evaluation. It presents vexing problems during the selection process and the evaluation. The approach is neglecting the financial factors at the early stages, which depends on the value ap-proach that talks about the function and quality over the cost. So that, the study aims to draw and model the value framework for bidder’s evaluations. The study limitation is only at the technical factors at the construction projects, which presents the function and quality without focusing on the costs and financial factors for the bidders. The study showed the principles of bid evaluation and it analyzed the procedures for all technical factors. The discussion part of the study depended on the bid's experts to weight the technical factors based on the values strategies via a policy of the questioners. The study modeled the value framework for bids evaluations via detailed tables for the technical and sub-technical factors classified and weighted with the scoring system. Finally, it presented the outcomes main pillars at the conclusion and recommendations for further studies about the field. | ||
| Keywords | ||
| Bidders; Value; Technical Factors; Tendering; Evaluation | ||
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