Research on Bidding Methods of National Grid Construction Projects Based on Friedman Model.docVIP
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Research on Bidding Methods of National Grid Construction Projects Based on Friedman Model.doc
Research on Bidding Methods of National Grid Construction Projects Based on Friedman Model [a] Jiangsu University of Science and Technology, Zhenjiang, 212003, China. *Corresponding author. Received 4 March 2013; accepted 8 May 2013 Abstract The most competitive tender offer is the key to seeking survival and development in the furious market competition for the bidders in the process of bidding. How to make a appropriate quotation decision-making is the key to tender offer for the bidders. The paper starts from theoretical research and empirical analysis, after studying the existing domestic and international tender offer decision-making model, considering current market conditions, the tender offer decision-making model, Friedman model were proposed which is suitable for the tender offer of the State Grid Corporation Power Transmission Project. An engineering case was applied to prove the validity and practicality of this model. Key words: Friedman model; State grid tender; Tender offer decision-making; The probability of winning bid INTRODUCTION Tender offer decision-making is an activity that the bidders do a series of calculations, assessment and analysis to bid project, then determine the compliance costs, formulate suitable bidding strategy for projects according to the evaluation principles of tender documents, to ensure profit maximization protection under the premise of winning bid (Manns Haimus, 2000). Right bid strategies and techniques is critical to project quotation, directly influence the success of a project, the existing bid decision-making model includes: bid decision-making model based on game theory (PEI JIAN, 2011), bid decision-making model based on probability theory(Friedman, 1956), bid decision-making model based on Analytic Hierarchy Process and utility theory (YONG, ZHI, MI, SU, 2006), bid decision-making model based on fuzzy mathematics research (GUO, WEI, JIN, 2012), bid decision-making model based on artificial intelligence(HONG Y
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