Publication detail

Electronic Reverse Auctions in Public Construction Procurement – Empirical Evidence from the Czech Republic

HANÁK, T.

Original Title

Electronic Reverse Auctions in Public Construction Procurement – Empirical Evidence from the Czech Republic

Type

journal article in Web of Science

Language

English

Original Abstract

Electronic reverse auctions (e-RAs) are considered to be an effective tool for negotiating tender prices and achieving cost savings. Furthermore, if multicritera evaluation is used, it can be expected that e-RAs will also contribute to achieving benefits in other areas, e.g. helping to minimize life-cycle costs. This study aims to analyse the mutual relationships between selected e-RA variables. More specifically, correlation analysis is applied to explore real e-RA data representing public tenders for construction work. This study’s findings reveal that the correlations examined are generally weak or very weak. Furthermore, it has been found that the value of correlation coefficients varies depending on the type of structure, and that public tenders are usually evaluated solely on the basis of the criterion of the lowest bid price. Recommendations for public authorities in using e-RAs in the role of the buyer are also provided at the end of this paper.

Keywords

competition construction, electronic reverse auction, evaluation, public procurement, savings

Authors

HANÁK, T.

Released

10. 11. 2016

Publisher

Polish Academy of Sciences

Location

Polsko

ISBN

1230-2945

Periodical

Archives of Civil Engineering

Year of study

62

Number

3

State

Republic of Poland

Pages from

47

Pages to

60

Pages count

4

URL

http://archive.sciendo.com/ACE/ace.2016.62.issue-3/ace-2015-0082/ace-2015-0082.pdf

Full text in the Digital Library

http://hdl.handle.net/11012/203153

BibTex

@article{BUT129700,
  author="Tomáš {Hanák}",
  title="Electronic Reverse Auctions in Public Construction Procurement – Empirical Evidence from the Czech Republic",
  journal="Archives of Civil Engineering",
  year="2016",
  volume="62",
  number="3",
  pages="47--60",
  doi="10.1515/ace-2015-0082",
  issn="1230-2945",
  url="http://archive.sciendo.com/ACE/ace.2016.62.issue-3/ace-2015-0082/ace-2015-0082.pdf"
}