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  • 标题:Risk Pricing in Construction Tenders - How, Who, What
  • 本地全文:下载
  • 作者:Marcus Tower ; David Baccarini
  • 期刊名称:Australasian Journal of Construction Economics and Building
  • 印刷版ISSN:1835-6354
  • 电子版ISSN:1837-9133
  • 出版年度:2012
  • 卷号:8
  • 期号:1
  • 页码:49-60
  • 语种:English
  • 出版社:University of Technology, Sydney
  • 摘要:Construction projects are most commonlyprocured in Australia by means of a traditionaldesign–tender–build model, whereby design islargely completed then contractors submittenders in a competitive environment.Construction contractors must consider riskswithin their tenders. This paper reports theresearch findings into pricing for risk incompetitive tenders by constructioncontractors. The research is based onstructured interviews with 10 contractingpersonnel; supplemented by 23 responses ofconstruction personnel from an online survey.Two common methods to price for risk are atrade-by-trade basis or an overall percentageor lump sum addition to the base estimate.Experience and intuition plays a significant rolein pricing for risk in tenders and the numberand type of people involved varies with projectsize, with greater involvement as project sizeincreases. The most significant risks priced intenders were: availability of resources; designor documentation errors; incomplete design;buildability issues; and inclement weather. Themost significant project factors considered bycontractors when pricing for risk in tenders are:value of liquidated damages; type ofcontract/procurement; completeness ofdocumentation; project complexity; and currentworkload. These risks and project factors areprimarily those over which the contractor haslimited or no control.
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