Utilizing e-Tendering in the Procurement of Construction Projects
Nnadozie Godswill Nnadozie Ndubuaku and
Godson Jerry
A chapter in Global Market and Trade from IntechOpen
Abstract:
The growth of any developing and even developed country can be traced or ascertained by the myriad of standard, sophisticated, and profit-oriented projects that have been executed and others still under construction. Many countries in the world, especially Nigeria has suffered huge deficit in the procurement of construction works, since the procurement segment of the construction industry is the largest segment and, holds the promise of efficient and successful project delivery, coupled with client expectations being met adequately. This book chapter is to address the pitfalls or backdrops in the procurement process, viz.; bulky paper-work, corruption, poor assessment of tender documents, human errors, etc. Therefore, Utilizing the e-tendering system will foster transparency, accountability, proper documentation and also to encourage competitiveness among various class of contractors, which are the main findings in the book. The authors, prepared a myriad of questions that portray the tendency of enhancing quality projects delivery. The authors shared 30 copies of the questionnaires, and the 30 copies were received with feedback. The data filled in the questionnaire were examined, using the SPSS software, that is usually adopted for data analysis. After the results of the questionnaire were examined, it was discovered that all the factors highlighted in the questionnaire were required to be in the contractor's portfolio.
Keywords: e-tendering; procurement; construction projects; information communication technology (ICT); tender approach (search for similar items in EconPapers)
JEL-codes: F10 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ito:pchaps:271584
DOI: 10.5772/intechopen.107211
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