Download Tag: AFFECTING CONTRACTORS TENDER

ABSTRACT Companies must have the capability to deal with various tendering situations successfully in today‟s highly competitive construction market. The first step that the companies need to consider is whether to tender or not to tender when they received a tender invitation. The contractors‟ decision is affected by various factors and influences. This decision is highly reliant to the specific project and the macro environment. It is difficult to make ...

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Shash (1993) explains that a construction company can either negotiate with the client or use a competitive tendering process to obtain a contract. Fu and Drew (2002) suggest that competitive tendering is the most common method used for contractor selection. In competitive tendering process, a client selects a numbers of contractors to tender for the proposed project. The selected contractors must to ...