@article{ART001261517},
author={Baek, Sung Joon},
title={Analysis on the Effect of the Two-Stage Rule for Judgment on Extremely Low Bidding Price in Lowest Bidding System},
journal={The Korea Spatial Planning Review},
issn={1229-8638},
year={2008},
volume={57},
pages={133-148},
doi={10.15793/kspr.2008.57..008}
TY - JOUR
AU - Baek, Sung Joon
TI - Analysis on the Effect of the Two-Stage Rule for Judgment on Extremely Low Bidding Price in Lowest Bidding System
JO - The Korea Spatial Planning Review
PY - 2008
VL - 57
IS - null
PB - 국토연구원
SP - 133
EP - 148
SN - 1229-8638
AB - This study analyzed the lowest bidding data of construction project bid in 2007 to investigate the effect of two stage rule for judgment on extremely low price bidding which has been introduced since May, 2006. Not only bidding rate, but also the order of bidder is considered in this analysis. On the surface the bidding rate of architectural engineering sector is lower and that of civil engineering sector higher by simple before/after analysis, but this study insists on both sector being better off. This study shows the effect of architectural sector is bigger than that of civil sector in terms of the bidding rate increase between the lowest bidding rate and the success bidder's bidding rate. Nevertheless the bidding rate of architectural is lower, because of the different competition environments and the lack of consideration on the different proportion of input between architectural and civil engineering project. In Conclusion the improvement of the current rule that adopt the criterion based on direct construction cost is suggested.
KW - The Lowest Bidding System;Rule for Judgment on Extremely Low Price;Bidding Rate;Direct Construction Cost
DO - 10.15793/kspr.2008.57..008
ER -
Baek, Sung Joon. (2008). Analysis on the Effect of the Two-Stage Rule for Judgment on Extremely Low Bidding Price in Lowest Bidding System. The Korea Spatial Planning Review, 57, 133-148.
Baek, Sung Joon. 2008, "Analysis on the Effect of the Two-Stage Rule for Judgment on Extremely Low Bidding Price in Lowest Bidding System", The Korea Spatial Planning Review, vol.57, pp.133-148. Available from: doi:10.15793/kspr.2008.57..008
Baek, Sung Joon "Analysis on the Effect of the Two-Stage Rule for Judgment on Extremely Low Bidding Price in Lowest Bidding System" The Korea Spatial Planning Review 57 pp.133-148 (2008) : 133.
Baek, Sung Joon. Analysis on the Effect of the Two-Stage Rule for Judgment on Extremely Low Bidding Price in Lowest Bidding System. 2008; 57 133-148. Available from: doi:10.15793/kspr.2008.57..008
Baek, Sung Joon. "Analysis on the Effect of the Two-Stage Rule for Judgment on Extremely Low Bidding Price in Lowest Bidding System" The Korea Spatial Planning Review 57(2008) : 133-148.doi: 10.15793/kspr.2008.57..008
Baek, Sung Joon. Analysis on the Effect of the Two-Stage Rule for Judgment on Extremely Low Bidding Price in Lowest Bidding System. The Korea Spatial Planning Review, 57, 133-148. doi: 10.15793/kspr.2008.57..008
Baek, Sung Joon. Analysis on the Effect of the Two-Stage Rule for Judgment on Extremely Low Bidding Price in Lowest Bidding System. The Korea Spatial Planning Review. 2008; 57 133-148. doi: 10.15793/kspr.2008.57..008
Baek, Sung Joon. Analysis on the Effect of the Two-Stage Rule for Judgment on Extremely Low Bidding Price in Lowest Bidding System. 2008; 57 133-148. Available from: doi:10.15793/kspr.2008.57..008
Baek, Sung Joon. "Analysis on the Effect of the Two-Stage Rule for Judgment on Extremely Low Bidding Price in Lowest Bidding System" The Korea Spatial Planning Review 57(2008) : 133-148.doi: 10.15793/kspr.2008.57..008
