| EPSRC Reference: |
GR/R20168/01 |
| Title: |
The Impact of Market and Supply Configurations On the Costs of Tendering In the Construction Industry |
| Principal Investigator: |
Hughes, Professor W |
| Other Investigators: |
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| Project Partners: |
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| Department: |
Construction Management and Engineering |
| Organisation: |
University of Reading |
| Scheme: |
LINK |
| Starts: |
01 June 2001 |
Ends: |
31 December 2001 |
Value (£): |
123,443
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| EPSRC Research Topic Classifications: |
| Construction Ops & Management |
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| EPSRC Industrial Sector Classifications: |
| Construction |
Financial Services |
| No relevance to Underpinning Sectors |
Technical Consultancy |
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Summary on Grant Application Form |
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The purpose is to identify how clients award work, and how contractors and consultants obtain work and to explore the costs associated with different tendering approaches and contractual and non-contractual arrangements for collaboration. There are three types of cost involved: pre-tendering (marketing, forming alliances, establishing reputations), tendering (estimating, bidding, negotiating) and post-tendering (monitoring performance, enforcement of contractual obligations, dispute resolution). Together, these involve large amounts of resource, but these resources are typically dealt with as overheads, rather than individually costed. This project is the first attempt, in any industry, to generate empirical data about the costs associated with finding and getting work, and the financial consequences of different approaches. The research involves qualitative approaches, using interviews and focus groups, to develop an understanding of the main issues involved, as well as quantitative approaches, based on time sheets generated and collected by the industrial partners. The involvement of industrial partners in data collection, and their commitment to the project from the outset, overcomes the usual problems that researchers would have in collecting such sensitive and confidential data. By developing techniques for benchmarking the main indicators of tendering costs, the research will enable all participants in the construction industry to measure improvements in performance and to identify the most advantageous ways of forming project teams, thus increasing value for money.
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Key Findings |
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This information can now be found on Gateway to Research (GtR) http://gtr.rcuk.ac.uk
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Potential use in non-academic contexts |
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This information can now be found on Gateway to Research (GtR) http://gtr.rcuk.ac.uk
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Impacts |
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| Description |
This information can now be found on Gateway to Research (GtR) http://gtr.rcuk.ac.uk |
| Summary |
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| Date Materialised |
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Sectors submitted by the Researcher |
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This information can now be found on Gateway to Research (GtR) http://gtr.rcuk.ac.uk
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| Project URL: |
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| Further Information: |
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| Organisation Website: |
http://www.rdg.ac.uk |