… bid price; the independent variable; and its deviation from the prebid estimate, measured as
a percentage of a project’s low, responsive, responsible, and awarded bid price… the bid price …

… show that bid-price control is not optimal in general and analyze why bid-price schemes can
… However, we prove that when leg capacities and sales volumes are large, bid-price controls …

… strong correlation between the lowest bid price and the final … street project by using the lowest
bid price. A validation of the … on the bid price and the effect of the low-bid price on the final …

… The aim of this paper is to investigate the impact of choosing contractors, based solely on
the lowest bid price, on the local construction industry in Gaza Strip by studying a number of …

… An appropriate bid price is essential for winning a … proper bid price can help a contractor in
making bid-price decisions … This study proposes a novel model for quickly making a bid-price …

… from the perspective of bid‐price processes. We show that an optimal bid‐price process has
an upward … This intertemporal up‐then‐down pattern of bid‐price processes is related to two …

… Bid aggressiveness is measured as the ratio of bid-price densities at the top and bottom
of a prespecified price interval. In the model, this ratio is larger than one because the bid-price …

… contractors to submit both the bid price and contract time. In such situations contractors are
faced with the problem of deciding which combination of bid price and contract time to submit. …

… We develop a novel bid-price-based revenue management approach to solve this decision
problem. The production system is modeled using clearing functions to capture the non-…

… different financing considerations on bid price in three cases … If the bid price is underestimated,
the contractor may well win … The objective of this study is to reduce the bid price by using …