DocumentCode
2152739
Title
Notice of Retraction
The Preventing and Controlling of the Final Account Dispute on the Tendering Stage of the Construction Project
Author
Yan Ling ; Zhang Jinyi
Author_Institution
Manage. Sch., Tianjin Univ. of Technol., Tianjin, China
fYear
2010
fDate
24-26 Aug. 2010
Firstpage
1
Lastpage
4
Abstract
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Bidders at the tendering stage conceal the existence qualifications, reputation, management level, financial status and so on, which brings a potential danger to the smooth implementation of projects and contract goals, and the bidder´s unbalance bidding based on the tendering document´s flaw, using itself construction technology or management advantages , the future of the project expected and so on, When the expected changes occur during the project implementation, the contractor can get an extra contract price, which is a key issue arising the final account dispute. The article analyzes both the owner´s and the bidder´s interests requirements, on the basis of the non-cooperative game and adverse selection theories as the bilateral action strategies, in order to prevent and control the risk of unbalance bidding from the owner´s perspective.
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Bidders at the tendering stage conceal the existence qualifications, reputation, management level, financial status and so on, which brings a potential danger to the smooth implementation of projects and contract goals, and the bidder´s unbalance bidding based on the tendering document´s flaw, using itself construction technology or management advantages , the future of the project expected and so on, When the expected changes occur during the project implementation, the contractor can get an extra contract price, which is a key issue arising the final account dispute. The article analyzes both the owner´s and the bidder´s interests requirements, on the basis of the non-cooperative game and adverse selection theories as the bilateral action strategies, in order to prevent and control the risk of unbalance bidding from the owner´s perspective.
Keywords
construction industry; game theory; pricing; project management; bilateral action strategy; construction management; construction project; construction technology; contract price; final account dispute; noncooperative game; tendering document flaw; tendering stage; unbalance bidding; Construction industry; Contracts; Fluctuations; Games; Law; Materials; Qualifications;
fLanguage
English
Publisher
ieee
Conference_Titel
Management and Service Science (MASS), 2010 International Conference on
Conference_Location
Wuhan
Print_ISBN
978-1-4244-5325-2
Type
conf
DOI
10.1109/ICMSS.2010.5576364
Filename
5576364
Link To Document