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Mathematical relationships between scoring parameters in capped tendering

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journal contribution
posted on 01.05.2018, 08:36 by Pablo Ballesteros-Perez, M. Carmen Gonzalez-Cruz, Antonio Canavate-Grimal
Mathematical relationships between Scoring Parameters can be used in Economic Scoring Formulas (ESF) in tendering to distribute the score among bidders in the economic part of a proposal.Each contracting authority must set an ESF when publishing tender specifications and the strategy of each bidder will differ depending on the ESF selected and the weight of the overall proposal scoring.This paper introduces the various mathematical relationships and density distributions that describe and inter-relate not only the main Scoring Parameters but the main Forecasting Parameters in any capped tender (those whose price is upper-limited).Forecasting Parameters, as variables that can be known in advance before the deadline of a tender is reached, together with Scoring Parameters constitute the basis of a future Bid Tender Forecasting Model. © 2012 Elsevier Ltd. APM and IPMA.

Funding

The translation of this paper was funded by the Universidad Politécnica de Valencia

History

School

  • Architecture, Building and Civil Engineering

Published in

International Journal of Project Management

Volume

30

Issue

7

Pages

850 - 862

Citation

BALLESTEROS-PEREZ, P., GONZALEZ-CRUZ, M.C. and CANAVATE-GRIMAL, A., 2012. Mathematical relationships between scoring parameters in capped tendering. International Journal of Project Management, 30(7), pp. 850-862.

Publisher

© Elsevier Ltd. APM and IPMA

Version

AM (Accepted Manuscript)

Publisher statement

This work is made available according to the conditions of the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) licence. Full details of this licence are available at: https://creativecommons.org/licenses/by-nc-nd/4.0/

Publication date

2012

Notes

This paper was accepted for publication in the journal International Journal of Project Management and the definitive published version is available at https://doi.org/10.1016/j.ijproman.2012.01.008

ISSN

0263-7863

Language

en

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