Research On The Method Determining The Reasonable Lower Of Project A

With engineering bidding price system continuously deepened in recent years,bill of quantities of construction works, as a new valuation model in line with marketeconomy and international practices, has achieved remarkable social and economicbenefits and has been fully appreciated in the market by its outstanding achievementsin the project construction. It is a mature valuation model adopted in the developedcountries with high-level market economy because it can provide the biddingenterprise a competition platform so as to secure that proprietors could obtain themost reasonable quotation under the fair competition. However, as bill of quantities isdeepening, many practical problems such as how to identify a reasonable low price inaccordance with the overall strength of enterprise, and how to win the bidding andmake a profit at the same time, are unveiled and have become quite urgent to besolved for constructionenterprises.Since Project A, one of the key works in our city, is the representative form ofreasonable low bid in bill of quantities of pipeline construction works, this thesis hasmade a further study on the determination of reasonable low bid in Project A. First,the author expounds the formation, evolution and action mechanism of constructionproject bidding price, sums up the methods of bill of quantities and emphasizesreasonable low bid and establishment in the bidding model of bill of quantities basedon the analysis of project valuation system at home and abroad; second, the thesisintroduces the investment estimation and funding mode in Project A, and proposes asolution on the basis of the overall analysis of internal and external causes includingcost, risk, construction environment, proprietor, competitors etc. The process ofdetermining the bidding strategy, making the bid price as well as some points worthnoting are explicated at great lengths. With the reference to the analysis andcalculation of profit ratio, division of bill of quantities, measures bill of quantities, thethesis identifies the strategy and skill of bidding in Project A, estimates the coat anddecrease rates and puts forward a revision for the reasonable low bid of Project A; theconclusion of the reasonable low price in Project A and the further study direction areset up in the last part.