Bidding Pre-qualification System For Standardized Management

The system of public bidding for project has evolved into a recognized competition pattern in the market economic activity. In the process of bidding, prequalification not only embodies the policy that the construction projects must be contracted to a qualified firm, but also protects the benefits of the employers and consumers. The project employers carry on the strict examination on the bidders' financial capacity, technical competence and construction experience abiding by the principle of publicity, equality and full competition, where unqualified bidders are probably to be rejected and qualified bidders to be competitively secured. In doing so, risks relating to those unqualified tenderers can be removed in a way that prevents expense increases and even failures caused by low-priced award and high-priced claim. Accordingly, prequalification is capable of excluding those firms with poor credit standing performance and competence in the very beginning and contributes to selection of excellent bidders. As a result, the bidding project is expected to achieve a cost reduction and an assurance of project duration, quality and cost, as well as a guarantee of project safety, economy and social benefits. However, recent years witness frequent problems concerning above, which fail to protect some of the bidders. As a result, in some projects, prequalification doesn't actually work, and eventually costs great unnecessary loss to consumers and employers as well as society.Actually standardized prequalification proves to be beneficial to both sides of bids, and exclusive of false bidding invitation, construction market order disturbance. The focus of the problems firstly requires accurate recognition of the role, goal and fundamentals of prequalification, and it assumes legislative regulations to rule the behaviors of both market actors and administrative supervisors. It is expected to publish on publicity the prequalification conditions, standards and appraisal methods, to introduce the expert appraisal system and to...