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• Published Subscription 14 Dec 2020

  Quality–Cost Trade Off (QCT) Based Bidding Strategy

  By Manish Kumar Sharma, R. Kansal

  Abstract: As the projects have become more versatile and complex, the procurement approaches also get diversified. In traditional price-dominated lowest bid (LB) procurement, contractor selection based on tender price is risky and may lead to failure of the project in terms of poor quality and delay in time. Quality–Cost trade off (QCT) based performance of contractor takes into consideration not only price but also quality. This paper presents a case study …

  Published in Recent Trends in Civil Engineering & Technology · Vol. 5, Issue 1, 2015 · pp. 28–31 Read article →