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Journal Article

The Analysis of Social Cost in Construction Projects Bidding

TL;DR: In this article, the authors discussed the cost that comes into being in the process of bidding and analyzed the social cost in bidding, and provided the measures and suggestions that reduce social cost from the point of tender side and bidder side.
Abstract: The implementation of the bidding system has had a positive economic effect.However,high social cost comes into being in the process of bidding.This paper expounds the cost that comes into being in the process of bidding,and analyses the process of social cost in bidding.Lately,it provides the measures and suggestions that reduce social cost from the point of tender side and bidder side.
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Proceedings ArticleDOI
01 Nov 2015
TL;DR: In this paper, a mathematical model of social cost of bidding is set up through mathematics method to analyze the social cost in construction project bidding and the ways to reduce the Social Cost in Construction Project Bidding.
Abstract: As the perfect effective means that makes social resource reasonable disposition and reduces social production cost and perfects market trade rule. but high social comes into being in the process of bidding. And mathematical model of social cost of bidding is set up through mathematics method to analysis the Social Cost in Construction Project Bidding and the ways to reduce the Social Cost in Construction Project Bidding.