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Pmc Mode Epc Project Bidding Process, Bid Evaluation Model Establishment And Demonstration,

Posted on:2004-06-29Degree:MasterType:Thesis
Country:ChinaCandidate:Y Q BaiFull Text:PDF
GTID:2206360092487437Subject:International trade
Abstract/Summary:PDF Full Text Request
Competitive bidding is widely used as a vehicle for distributing constructionwork to willing contractor.However.lt lS deemed that Bidder Evaluationbecome more and more heavy burden over on owner's shoulder,since owneronly put the emphasis on the cost.At meaning time,a serial obstacles wouldbe met at all the aspects of contract during bidding phase,such as:what kindof ITB style would be selected,how to establish the criteria of bid evaluation;how to organize the bidding clarification,how to negotiation with tenders,howto make the decision,etc.Simultaneously,due to complexity of project management,more and moreowner prefer to adopting the PMC(Project Management Contractor)as projectmanagement tool.In this paper,it is firstly narrated that what is PMC,the interpretation of PMCfunction and obligation is provided by author,After comparison the contents ofPMC and Traditional Project Management,the result is come out.Threeadvantages of utilizing PMC is presented:high efficiency,good quality,andcost saving.Secondly,it is demonstrated the process of how to prepare the ITB documentsand how to issue to bidders,it's also narrated those makers could be met anddealed with during Tendering phase.The Paper put foCUS on how to establish the evaluation model.it iIluminate theprocess for evaluation of bidders,and lt covers the management of all otheraspects of the evaluation process as well.There are six steps should befoilowed according to evaluation practice,they are:Definiation theresponsibility of Bid Evaluation Member,Definiation the work practice forEvaluation of Bidders,Conformance Review,Evaluation Phase,ClarificationPhase,Negotiation,and LOl(Letter of Intent)In this paper,two general bidding evaluation approaches are introduced toreaders as practical experiences under PMC system.They are Weight FactorEvaluation Model and Conceptual Rating Evaluation Model.Weight Factor Evaluation ModeI and Conceptual Rating Evaluation Model iSadopted by PMC Bidder Evaluation Team respectively for Bidding Pricebeneath or beyond 10 million USD.Both of those two models,the advantagesand disadvantages are solo analysed through PMC evaluation practice.Nevertheless.it iS necessary to improve those two practical models regardwith cu rrent models'shortcom ing.An ameliorative method iS proposed to aid an owner to select on contractorbased on multiple attribute decision making model.This model lS developed by Herbsman&Ellis in 1 992.The keY idea being thatthe contractor selection process iS based on more attributes,such as bid priceor cost,time,quality,managerial safety accountability,competence andefficiency of contractors.The successful bidder lS selected according to anaggregation of scores or rankings on these attributes(Herbsman&Ellis,1992),as ls common ln multiple.attribute decision modeling.The competitive bid system by which a project is awarded based on the solecriterion(i.e.,bid price or cost)has created many problems in the past.Themerit of multiple attribute bidding system could improve bid formulationperformance of the chosen contractor,and it is flexibility factor of the system.As long as the attributes chosen,the system of measurement and theirrelativity weights are stipulated in the bid documents in detail,and it still inaccordance with the existing legal status of the current competitive biddingsyrstem....
Keywords/Search Tags:Multiple criteria, PMC, Bid Evaluation, Competitive bidding, lower bidder system, non-lower bidder system
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