Study of bidder selection criteria in various contract modes of road projects

Author:

Chhotelal Bhagirathi Yadav1,Tophique Qureshi1

Affiliation:

1. Shri Jagdish Prasad Jhabermal Tiberewala University

Abstract

The selection criteria for outsourcing to execute any specialized work through tenders/bids by any executing agency have been used for the development of public infrastructure projects. The procurement procedures for road development throughout India for public infrastructure and selection were performed by the Lowest-Cost Bidder (LCB). The cost factor is a popularly used bidder selection method, in which the one who quotes the least cost will obtain the project. Various studies have been conducted to determine the causes of failure, delay, substandard work, poor quality, etc., on the performance of selected lowest-bidder-executed projects. To enhance the existing bidding selection procedure and eliminate the causes of failure caused by the existing bid selection procedures, a revised and improved procurement procedure known as Quality and Cost-Based Selection (QCBS) is currently being adopted. This study analyzes the bid selection procedure under various contract modes to reduce the risk of failure and improve the work quality of the road infrastructure in India. New guidelines in public procurement process over existing rules and procedures are emphasized by the Government of India by involving stakeholders, regulating authority, financing institutions, Ministry and Departments considering work quality.

Publisher

i-manager Publications

Subject

Pharmaceutical Science

同舟云学术

1.学者识别学者识别

2.学术分析学术分析

3.人才评估人才评估

"同舟云学术"是以全球学者为主线,采集、加工和组织学术论文而形成的新型学术文献查询和分析系统,可以对全球学者进行文献检索和人才价值评估。用户可以通过关注某些学科领域的顶尖人物而持续追踪该领域的学科进展和研究前沿。经过近期的数据扩容,当前同舟云学术共收录了国内外主流学术期刊6万余种,收集的期刊论文及会议论文总量共计约1.5亿篇,并以每天添加12000余篇中外论文的速度递增。我们也可以为用户提供个性化、定制化的学者数据。欢迎来电咨询!咨询电话:010-8811{复制后删除}0370

www.globalauthorid.com

TOP

Copyright © 2019-2024 北京同舟云网络信息技术有限公司
京公网安备11010802033243号  京ICP备18003416号-3