The Relationships of the Bid/No Bid Decision Factors Considered Among Local Contactors from Different Countries

Guanghua Li, Chuan Chen () and Jing Dai ()
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Guanghua Li: Chengdu University of Technology
Chuan Chen: Sichuan University
Jing Dai: Chengdu University of Technology

A chapter in Proceedings of the 24th International Symposium on Advancement of Construction Management and Real Estate, 2021, pp 1047-1061 from Springer

Abstract: Abstract Identification of the bid/no bid decision factors is an essential step in the decision. The objective of this study is to reveal the relationships of factors considered by local contractors from different countries, which can be more helpful to identify potentially important factors in different countries. One hypothesis is addressed that, the importance of factors perceived by local contractors from one country has a high relationship with that considered by local contractors from other countries. According to the rankings of identical factors in previous studies, the hypothesis is validated by the Spearman rank-order correlation test and the hierarchical cluster analysis. The outcome indicates that the hypothesis is not validated, while the importance of factors considered among local contractors from developed or developing countries are highly related, respectively. The outcome will be helpful to develop a high related list of potentially important factors in a country based on the factors identified in those countries with high homogeneity, which will be of interest to both academics and practitioners.

Keywords: Construction industry; Bid/No-bid decision; Relationship; Potential factors (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-15-8892-1_74

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DOI: 10.1007/978-981-15-8892-1_74

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