Title :
A grey evaluation model on bidders for BOT projects
Author :
Yu, Yong-he ; Shan, Mi-Yuan
Author_Institution :
Sch. of Manage., Hunan Univ., Changsha, China
Abstract :
Bidding is regarded as an efficient method for procuring goods and services. An accurate evaluation on bidders is the key point of a successful bidding. However, evaluation on bidders is a tough and comprehensive work and the result of the evaluation is always affected by evaluators´ understanding on standards set for evaluation, evaluators´ expertise, experience and preference. This paper aims to find a better method to make evaluation on selecting bidders accurate as much as possible. Toward this purpose, a grey evaluation model on bidder is presented and an instance of bidding for BOT project is illustrated in details to make the practitioners know how to use the model.
Keywords :
construction; contracts; grey systems; project management; public finance; BOT projects; construction industry; grey bidder evaluation model; Business; Civil engineering; Decision making; Electronic mail; Engineering management; Government; Project management; Proposals; Technology management; Uncertainty; BOT project; Bidding; Evaluation Model; Grey Theory;
Conference_Titel :
Machine Learning and Cybernetics, 2005. Proceedings of 2005 International Conference on
Conference_Location :
Guangzhou, China
Print_ISBN :
0-7803-9091-1
DOI :
10.1109/ICMLC.2005.1527535
