Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/9313
Title: Balancing fee and quality in two envelope fee bidding
Authors: Drew, DS
Tang, SLY 
Lui, CK
Keywords: Consultants
Fees
Issue Date: 2004
Publisher: Emerald Group Publishing Limited
Source: Engineering, construction and architectural management, 2004, v. 11, no. 3, p. 159-175 How to cite?
Journal: Engineering, construction and architectural management 
Abstract: Consultant commissions in two envelope fee bidding are awarded on the basis of fee and quality (i.e. technical score). Consultants' fees and technical score are combined using a predesignated formulation and predetermined weightings to form a total score. Procurers seem to be having difficulties with existing formulations in controlling the extent to which two envelope fee competitions are dominated by fees. This is because, in most cases, fees vary more than technical scores and the predetermined weightings applied are not sufficient to correct the variability imbalance. The analysis in this paper shows that in fee dominant competitions lower fee-lower technical scoring consultants are more likely to be successful in winning commissions. The analysis shows that this can be corrected by balancing fees and technical score. Although procurers are likely to pay higher fees when balancing fees and technical scores they normally benefit from getting higher technical scoring consultants.
URI: http://hdl.handle.net/10397/9313
ISSN: 0969-9988
EISSN: 1365-232X
DOI: 10.1108/09699980410535778
Appears in Collections:Journal/Magazine Article

Access
View full-text via PolyU eLinks SFX Query
Show full item record

SCOPUSTM   
Citations

5
Last Week
0
Last month
0
Citations as of Jul 30, 2017

Page view(s)

44
Last Week
1
Last month
Checked on Aug 14, 2017

Google ScholarTM

Check

Altmetric



Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.