Evaluating the decision to bid

A common rule of thumb states that the cost to develop a bid price and submit a proposal is approximately 0.25 per cent of the total bid price. That cost is only recovered if the contractor is awarded the job. Therefore, contractors take significant care before making the decision to bid on a large infrastructure project. Apart from obvious financial considerations, the decision involves many other elements, which project proponents too often fail to address. This paper examines some of these elements and advocates their consideration by both contractor and employer, in engineering, environmental and social aspects of project preparation and procurement.

Back to search

Order the full article

Get a copy of this back issue article in digital PDF format

Buy Now

Print Journal

Go in-depth with the international journal on hydropower & dams

Learn more

Evaluating the decision to bid

All your interactions with our website are protected by strong 256-bit encryption. Learn more about how we safeguard your personal data in our Privacy Policy.