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HANÁK, T.
Original Title
CONSTRUCTION PROCUREMENT IN THE AREA OF ELECTRONIC REVERSE AUCTIONS
Type
conference paper
Language
English
Original Abstract
The aim of this paper is to explore how tenders for public works contracts differ from other public tenders in the area of Czech electronic reverse auctions. Data on real electronic reverse auctions were analysed in order to examine selected basic auction inputs and outputs (number of bidders, amount of realized relative savings, and method of evaluation used). Histogram and chi-square test of independence were used in order to evaluate the dataset. The findings show that the level of competition and amount of realized relative savings in ERA among construction tenders and other tenders are similar, while the chi-square test of independence revealed an association between the type of the tender and the evaluation method used in auction. Possible future research directions are outlined at the end of the paper.
Keywords
electronic reverse auction; construction; procurement; public tenders
Authors
Released
29. 9. 2016
Publisher
VUT v Brně, FAST
Location
Brno
ISBN
1805-6784
Periodical
PEOPLE, BUILDINGS AND ENVIRONMENT
Year of study
1
Number
State
Czech Republic
Pages from
138
Pages to
144
Pages count
7
BibTex
@inproceedings{BUT131242, author="Tomáš {Hanák}", title="CONSTRUCTION PROCUREMENT IN THE AREA OF ELECTRONIC REVERSE AUCTIONS ", booktitle="People, Buildings and Environment 2016 (PBE2016)", year="2016", journal="PEOPLE, BUILDINGS AND ENVIRONMENT", volume="1", number="1", pages="138--144", publisher="VUT v Brně, FAST", address="Brno", issn="1805-6784" }