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Contractor Selection Approaches and Pre-qualification Criteria on Construction Projects: A Review
A prime contracting firm plays a pivotal role in not only executing the construction project but also in coordination and integration of various stakeholders of the entire civil engineering project for its success. Reliable and competent contractor selection is thus a very important need. The best contractor choice is based on a comprehensive multiple criteria selection process that takes into account a contractor’s technological, administrative, financial and societal capabilities. The literature review on topics connected with the contractor’s selection and pre-qualification from reliable databases and notable publications is structurally examined in this study over a period of three decades. The aim of this review is to shed light on existing contractor pre-qualification and selection procedure along with various statistical approaches. The findings of this study indicate that though lowest bid consideration is weighted heavily in the construction industry, it is certainly a major contributing factor to many problems like quality issues, time and cost overruns, disputes, etc. The review provides the context for future scientific investigations on contractor pre-qualification and appropriate selection. The study also helps to expand the horizon of professionals and investigators’ comprehension of the different attributes used for contractor selection and evaluation.
Contractor Selection Approaches and Pre-qualification Criteria on Construction Projects: A Review
A prime contracting firm plays a pivotal role in not only executing the construction project but also in coordination and integration of various stakeholders of the entire civil engineering project for its success. Reliable and competent contractor selection is thus a very important need. The best contractor choice is based on a comprehensive multiple criteria selection process that takes into account a contractor’s technological, administrative, financial and societal capabilities. The literature review on topics connected with the contractor’s selection and pre-qualification from reliable databases and notable publications is structurally examined in this study over a period of three decades. The aim of this review is to shed light on existing contractor pre-qualification and selection procedure along with various statistical approaches. The findings of this study indicate that though lowest bid consideration is weighted heavily in the construction industry, it is certainly a major contributing factor to many problems like quality issues, time and cost overruns, disputes, etc. The review provides the context for future scientific investigations on contractor pre-qualification and appropriate selection. The study also helps to expand the horizon of professionals and investigators’ comprehension of the different attributes used for contractor selection and evaluation.
Contractor Selection Approaches and Pre-qualification Criteria on Construction Projects: A Review
Lecture Notes in Civil Engineering
Vilventhan, Aneetha (editor) / Singh, Shamsher Bahadur (editor) / Delhi, Venkata Santosh Kumar (editor) / Kapote, Mangesh M. (author) / Wagh, Avadhut A. (author) / Pimplikar, Sunil S. (author)
National conference on Advances in Construction Materials and Management ; 2022 ; Warangal, India
2023-07-31
14 pages
Article/Chapter (Book)
Electronic Resource
English
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