Study on the issues of the lowest bidding through the analysis of working budget ratio of Korean construction companies

Author:

Woo Sungkwon,Lee Siwook,Cho Chung-Suk,Kim Sang Bin

Publisher

Springer Science and Business Media LLC

Subject

Civil and Structural Engineering

Reference10 articles.

1. Ahn, T. H. (2010). A study of process model for estimating optimal bidding rate in the lowest bidding system, MSc Thesis, Gyeong Sang National University (in Korean).

2. Al-Sinan, F. and Hancher, D. (1988). “Facility project delivery selection model.” Journal of Management in Engineering, Vol. 4, No. 3, pp. 244–259, DOI: 10.1061/(ASCE)9742-597X(1988)4:3(244).

3. Jarrell, D. A. and Skibniewski, M. J. (1988). “Cost comparison model for contracting out government services.” Journal of Management in Engineering, ASCE, Vol. 4, No. 3, pp. 260–271, DOI: 10.1061/(ASCE)9742-597X(1988)4:3(260).

4. Jeon, S. W. (2010). A study on the effect of the expanding invitation of the Rock-bottom price knock-down system upon the Korean construction industry, MSc Thesis, Yonsei University (in Korean).

5. Kim, B. S. (2006). “The corresponding plan for integrated environment-the lowest cost bid and the current cost estimate system.” Journal of The Korean Society of Civil Engineers, KSCE, Vol. 26, No. 5, pp. 849–859 (in Korean), DOI: Prefix: 10.12652.

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