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Integrated E-Bidding Framework for Construction
Currently, online bidding processes applied in construction projects are not intelligent enough to complete the loop of the bidding process and do not effectively help share electronic transmittals among the parties as they lack integrated approaches in communicating between different systems, formats and applications. This paper proposes an integrated online framework for this purpose first by studying the drawbacks and loopholes in the existing online systems in construction bidding and then identifying the key determinants that improve the electronic bidding process and simultaneously offer an integrated approach. The framework incorporates major features which are considered traditionally less practical in the construction industry, especially, standardization, transparency and reverse auctioning. The system was derived from both an analysis of the literature and a case study of the online bidding process being practiced at MDOT (Michigan Department of Transportation). An oral assessment of the system by the peers of the MDOT indicates that a standardized system incorporating reverse auctioning will greatly reduce the cost and time required to process the data and help transact the bid related documents and information without any loss and distortions. The framework can be used to design electronic bidding systems for different settings in the construction industry.
Integrated E-Bidding Framework for Construction
Currently, online bidding processes applied in construction projects are not intelligent enough to complete the loop of the bidding process and do not effectively help share electronic transmittals among the parties as they lack integrated approaches in communicating between different systems, formats and applications. This paper proposes an integrated online framework for this purpose first by studying the drawbacks and loopholes in the existing online systems in construction bidding and then identifying the key determinants that improve the electronic bidding process and simultaneously offer an integrated approach. The framework incorporates major features which are considered traditionally less practical in the construction industry, especially, standardization, transparency and reverse auctioning. The system was derived from both an analysis of the literature and a case study of the online bidding process being practiced at MDOT (Michigan Department of Transportation). An oral assessment of the system by the peers of the MDOT indicates that a standardized system incorporating reverse auctioning will greatly reduce the cost and time required to process the data and help transact the bid related documents and information without any loss and distortions. The framework can be used to design electronic bidding systems for different settings in the construction industry.
Integrated E-Bidding Framework for Construction
Nesan Lenin, Jawahar (author)
2011-10-01
16 pages
Article (Journal)
Electronic Resource
English
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