Bid evaluation strategy among G7 construction companies in Sarawak / Ika Syafiqa Abdullah
ln construction industry, which is risky and have a great chance of losing money or gaining profit in a greater amount, there will always challenges in completing even a project itself. Construction bidding is a very compulsory process in the construction industry as allocation of contract and deter...
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| Format: | Thesis |
| Language: | English |
| Published: |
2020
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| Online Access: | https://ir.uitm.edu.my/id/eprint/36729/1/36729.pdf https://ir.uitm.edu.my/id/eprint/36729/ |
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| Summary: | ln construction industry, which is risky and have a great chance of losing money or gaining profit in a greater amount, there will always challenges in completing even a project itself. Construction bidding is a very compulsory process in the construction industry as allocation of contract and determination of construction services price is through some form of competitive bidding. The process is very risky and required a lot of time in decision-making as there are another factor need to be considered. Evaluation of bid is done technically, and various method are used for the financial evaluation which comprises differ methods. The objectives of this research are to identify the strategy that is used by the G7 construction companies in bid evaluation, to investigate the challenges in order to strive that strategy and to analyze the factor contributing to the effectiveness of the strategy. ln order to obtain the data, quantitative data is used as all the data gathered will be quantify and focusing on certain population. The research is to be carried based on result from questionnaire distributed to G7 contractor's company and from the information gathered by reviewing and abstracting information from literature review of various sources. The questionnaire will be distributed to 40 respondents which is G7 contractor in Sarawak. Statistical Package for the Social Sciences (SPSS) Software will be used for the data analysis of the results from the questionnaire distributed. As for the type of data analysis, frequency, multiple response, crosstab and descriptive analysis. From the findings, researcher find that most of the contractor in G7 construction companies in Sarawak chose reputation for safety, quality and speedy construction as the most effective strategy to win the bid and is supported by the fact that quality management is very vital. The significant in this study is to give more information and improvement of current study to be used in the future. As for future recommendation, a similar study on the different class of contractor could be conducted to determine either the strategy is used by them. |
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