• Title/Summary/Keyword: bidding process

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An Analysis of the Importance of the Risk Factors Influencing the Calculation of the Subcontract Construction Bidding Cost (건설공사 하도급 입찰단가 산정에 영향을 미치는 리스크 요인의 중요도 분석)

  • Lee, Sung-Goo;Park, Tae-Keun
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.2
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    • pp.109-117
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    • 2007
  • The construction environment has the trend of oversizing and professionalizing, the increase of the construction period, and the risk factors and the uncertain factors which are important in the construction bid. The misunderstanding and the lack of knowledge of the subcontractor result in the decrease of the profit or the deficit. In conclusion, these are supposed to give the financial burden to the subcontractor. So, it is very important to predict the construction preparation cost calculation by the risk factors in the bidding stage and to calculate the bid unit cost considering the target profit of the subcontractor in the process of the mutual agreement and performance of the contract. In these points of view, this study analyzes how the importance of the risks influencing the bidding cost calculation affect the construction cost, and this analysis can be used as the basic data to establish the suitable bid strategy of the subcontractor.

Architectural Design Process by the Changes of Sustainable Design Guidelines of Public Project (공공프로젝트 친환경 설계지침의 변화에 따른 건축설계프로세스 연구)

  • Tae, Yeong-Ran
    • Journal of the Korean Solar Energy Society
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    • v.30 no.4
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    • pp.63-70
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    • 2010
  • This study introduce a architectural design process by the changes of sustainable design guidelines in public project. First of all, this study examines existing integrated design process studies performed by Rhee & U.B.C. Also, this study examines sustainable guidelines which demanded by public building projects. Then, this study introduces sustainable design process using existing sustainable design process, and shows that how to operate and proceed integrated design to satisfy the sustainable guidelines in practice. The results of this study are as follows. (1) Since 2007, sustainable design guidelines of bidding projects have been highlighted. (2) In public buildings, energy saving is very important issue. Especially energy certification demands 1st degree(under $300kWh/m^2{\cdot}yr$). (3) Inp ractice, integrated design team performed sustainable design using the sustainable design process to improve sustainable in public buildings.

A Study on the Order-Based Autonomous Distributed Manufacturing System (고객의 주문과 자율분산 생산시스템의 연동에 관한 연구)

  • 송재성;서만승
    • Proceedings of the Korea Association of Information Systems Conference
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    • 2000.11a
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    • pp.1.4-4
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    • 2000
  • We present an autonomous distributed manufacturing system to plan the manufacturing process and the schedule based on a customer order, which considers the system efficiency as well as to the flexibly. In our system, an intermediate conceptual agent called process agent is introduced, of which the role is to create a plausible alternative for the working group to fulfill the given order. The process related decision such as process sequence, allocated facilities, schedule and cost is also made simultaneously. Given an order, several these process agents are created, and the optimum on is selected through a bidding mechanism. As a criterion of such a decision-making, we consider a concept of value which is determined by several factors such as cost, delivery, working ratio and so forth. Every agent consisting of the system makes decisions and actions so as to maximize its possessing value, and the overall behavior of the system is controlled by the value distribution.

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Optimal Bidding Strategy of Competitive Generators under Price Based Pool (PBP(Price Based Pool) 발전경쟁시장에서의 최적입찰전략수립)

  • Kang, Dong-Joo;Moon, Young-Hwan;Oh, Tae-Kyoo;Kim, Bal-Ho
    • Proceedings of the KIEE Conference
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    • 2001.11b
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    • pp.57-59
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    • 2001
  • The restructuring of power industry is still going on all over the world for last several decades. Many kinds of restructuring model has been studied, proposed, and applied. Among those models, power pool is more popular than others. This paper assumes the power pool market structure having competitive generation sector and a new method is presented to build bidding strategy in that market. The utilities participating in the market have the perfect information on their cost and price functions, but they don't know the strategy to be chosen by others. To define one's strategy as a vector, we make utility's cost/price function into discrete step function. An utility knows only his own strategy, so he estimates the other's strategy using stochastic methods. For considering these conditions, we introduce the Bayesian rules and noncooperative game theory concepts. Also additional assumptions are included for simplification of solving process. Each utility builds the strategy to maximize his own expected profit function using noncooperative Bayesian game. A numerical example is given in case study to show essential features of this approach.

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A Study on the Configuration of the Quotation Management System in the Make-To-Order Manufacturing Environments (수주생산 환경에서 견적관리체계의 구성에 관한 연구)

  • Jeon, Gyu-Hwan;Jang, Gil-Sang;Park, Chang-Kwon
    • Journal of the Korea Safety Management & Science
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    • v.23 no.4
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    • pp.73-81
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    • 2021
  • Today's manufacturers must respond quickly to customer needs. In particular, make-to-order companies are constantly striving to satisfy customer demand for products in order to secure more favorable conditions in the future through bidding. In this bidding process, quotations play a very important role in providing favorable conditions. And the most important content that companies strive to satisfy their customers is the product's performance. Therefore, a company can attract customers and secure economic profits through good quotations, but it can be said that the first priority is to match the performance of the products requested by the customers. That is, when a company creates a quotation, it is important to structure the quotation according to the performance of the product. Thus, this paper intends to present a quotation management framework and a quotation BOM information model for constructing quotations efficiently in make-to-order manufacturing. And, in order to prove the usefulness of the proposed quotation management framework, we presents an case of the construction of an quotation management system based on the JAVA platform. As a result, the integrated quotation management system based on the proposed quotation management framework and quotation BOM has been successfully operated in a make-to-order company that manufactures marine engines.

Estimation Method of the Competitive Bid-price in Bid-rigging of Public Construction (기댓값 분석에 따른 공공공사 입찰담합의 가상경쟁가격 산정방법)

  • Jeong, Kichang;Kim, Wooram;Kim, Namjoon;Lee, Jaeseob
    • Korean Journal of Construction Engineering and Management
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    • v.19 no.3
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    • pp.52-60
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    • 2018
  • Korea's public construction projects are under construction through bidding, however, due to the nature of the bidding, collusion between participants can occur. The collusion of bids accordingly damages the client. So, it is necessary to calculate the appropriate fictitious competition price to compensate for this. In this regard, econometrics methods are generally used, but there are limitations and issues arising from the nature of construction, especially design-build bid. Therefore, this study proposes a method to estimate reasonable competitive bid-price in design-build bid. It derives the lowest bid-price from the design submitted by the proponent and estimates the competitive bid-price by examining the factors according to the penetration rate according to the technical level of the tester, the skill level of the competitor, and the type of tester. Based on the method proposed in this study, a reasonable price can be derived that reflects the characteristics of the design and construction bidding bidder selection method and also it can be used as a reference material in the actual bidding process as well as calculating the damage due to the answer.

Schedule Risk Management of Reinforced Concrete Construction at the Preconstruction Phase (착공전 단계에서의 철근콘크리트 공사 공정리스크 관리 방안)

  • Ryu, Han-Guk;Kim, Sun-Kuk;Lee, Hyun-Soo
    • Korean Journal of Construction Engineering and Management
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    • v.6 no.5 s.27
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    • pp.119-127
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    • 2005
  • According to the recent systemic changes such as construction market reduction, five days per week system, introduction of construction duration reduction bidding system and post-construction sale system, the bidding competition have been enhanced. However, there are many construction schedule risks which could delay construction completion. Without the proper identification of construction schedule risks and the structured construction schedule risk management, the competitive advantages of construction project could not be made. Previous researches to solve the problem have been focused on the construction schedule categorization, construction schedule management, and the system development to manage the construction schedule risk. Therefore, this study selected the reinforeced concrete construction as the studied work due to the major impact characteristics on the total construction duration and the quite accident rate, and then proposed the real construction schedule risks of reinforced concrete construction and the construction risk management method based on the previous studies, many times of expert interviews and brainstorming.

A Study on the Model of Equipment Layout Verification for Offshore Plant Maintenance Equipment Engineering (해양플랜트 유지보수장치 엔지니어링을 위한 장비 배치 검증수행모델에 관한 연구)

  • Han, Seong Jong;Park, Peom
    • Plant Journal
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    • v.13 no.4
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    • pp.41-47
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    • 2017
  • This paper is a study on validation model that can verify the arrangement of equipment constituting offshore plant using system engineering approach in offshore plant tender stage. In order to design offshore plant topside maintenance equipment, topside layout verification should be preceded. However, there are many errors in the bidding stage due to the FEED results that are not perfect, the verification can not be performed sufficiently due to the limitation of the bidding period and others reasons. Therefore, we propose a validation model that can effectively verify the equipment layout within a limited condition by simplifying the main process in the system engineering process, which is a multidisciplinary approach, and confirmed through the Functional Deployment Model. Also, we verified the validation model for topside equipment deployment through case studies.

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The Impact of Item Characteristics on the Selective e-Procurement Strategies (구매품목의 특성이 전자조달방식의 선택에 미치는 영향)

  • Chun, Hong-Mal;Pyun, Ji-Surk
    • Asia pacific journal of information systems
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    • v.14 no.2
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    • pp.87-114
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    • 2004
  • This paper empirically examined the relationships between the characteristics of purchasing items and the effective e-procurement strategies. We found that the importance of items has influence on the effective e-procurement, while the complexity of purchasing process has little influence. This fact exhibits the automation of transactional process has little influence on carrying out e-procurement. We also found, companies prefer the horizontal e-marketplace to the vertical e-marketplace. In addition, companies want to purchase through the e-bidding or reverse auction for lower prices.

A Fuzzy AHP Model for Selection of Consultant Contractor in Bidding Phase in Vietnam

  • Ha, Tran Thanh;Hoai, Long Le;Lee, Young Dai
    • Journal of Construction Engineering and Project Management
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    • v.5 no.2
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    • pp.35-43
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    • 2015
  • Project Management Consultant (PMC) plays a vital role in the overall performance of any project. Selecting right PMC for right project is the most crucial challenge for any construction owner. Thus, PMC selection is one of the main decisions made by owners at the early phase of construction project. It is not easy for the project owner to select a competent PMC due to the fuzziness, imprecision, vagueness, incomplete and qualitative criteria of the decision. This paper presents a model for selecting PMC contractor using the Fuzzy Analytical Hierarchy Process (FAHP). And a fuzzy number based framework is proposed to be a viable method for PMC contractor selection. A case study to illustrate the application of the model is also presented in this paper.