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Research on the Price Mechanism of Bidding in Chinese Construction Projects

Author: WangGuangHua
Tutor: ZhaoLei
School: Shandong Institute of Architecture
Course: Management Science and Engineering
Keywords: Construction project bidding Price mechanism Sealed Bidding Model Bidding price model
CLC: F284
Type: Master's thesis
Year: 2011
Downloads: 248
Quote: 0
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Abstract


The bidding system is commonly used for bulk cargo, engineering and consulting services procurement, the bidding system introduced the field of construction project is China's market economy reform initiatives. Bidding as a more mature way of trading in the market economic conditions in the construction market environment, the implementation process, there are still a lot of problems can not be fully effective allocation of building products. Bidding system implementation process is the trick bid price formation process, bidding the price formation mechanism is the core of the bidding system, the study bidding system aimed at the formation of reasonable bidding prices reasonable bidding price regulated by the law of value. can accurately reflect the market supply and demand, Pareto optimal, to optimize resource allocation. Therefore, the bidding price formation mechanism to improve the bidding system to regulate the running order of the bidding market in China, to play a positive role for public bidding, to achieve social optimal allocation of resources, not only is very necessary and very urgent. In this paper, the theory of New Institutional Economics and Western classical economics, the price mechanism of construction project bidding system (referred to herein construction project bidding especially building construction bidding), explains the move from the mechanism running angle cause of problems exist in the bidding, given the meaning of the bidding price mechanism, and analyze the behavior of bidding for the main parties to choose the bidding price mechanism. In this paper, from the following aspects of construction project bidding price mechanism system: (1) The article first combing our bidding from the eighties initial establishment of After Trial - promotion - the rise of the development process, to 2000 \the Bidding Law of the People's Republic of China \(2) system introduces the new institutional economics, transaction cost theory and principal - agent theory, focusing on analysis of the competitive mechanism in the Western classical economics theory of the market mechanism, the mechanism of supply and demand and the price mechanism for the formation of the the bidding price mechanism connotation laid a theoretical basis. (3) discusses the course of China's reform of the price mechanism, and comparative analysis of the domestic and international bidding process, eliminate the defects of bidding procedures set two connotations reached a bidding price mechanism, one long-term market mechanisms regulatory role bidding equilibrium price formation process; Second single bidding process, the process of of both Game formation bidding price. (4) main factors affect the bidding of the best prices by bidding classification analysis, respectively bidding game model choice, third party bidder optimal the offer model as well as government departments, industry associations, and tender agent behavior impact on the price mechanism. (5) Based on the above analysis, the corresponding proposed some reasonable countermeasures and suggestions, and provide reference for the the perfect bidding price mechanism.

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CLC: > Economic > Economic planning and management > Infrastructure the economy > Organization and management of infrastructure
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