393518

Exploring Factors Affecting Bidding Decision of Construction Firms in The New Era of Construction Industry in Egypt

Article

Last updated: 04 Jan 2025

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Abstract

Construction industry, like any other sector, is a profitable business and plays a significant role in a country's economy. Therefore, it is crucial to adopt a realistic bidding strategy with a systematic approach which covers all aspects that may affect the bidding decision rather than depending only on experience that may miss valuable factors and their impact on the taken decision. The goal of this research is to help contractors to make the most suitable decision with minimum risk between the alternatives in the Egyptian market by the following:
1- Exploring, investigating, and analyzing the critical factors affecting the biding decision for the construction firms in the Egyptian construction industry.
2- Ranking different factors based on the importance level provided by experienced people in the tendering process.
3- Developing a decision-making tool to assist construction firms in bidding stage to quantify the risk and take the most suitable decision.
To achieve the research objective, after investigating the previous studies, a questionnaire was distributed among construction firms in Egypt. The findings revealed that the most significant factors influencing bidding decisions, were "Size of the project" and "Type of the project". On the other hand, factors such as "Public opinion of the project" and "Government approvals required" were ranked as lower priority. After ranking all the factors with its RII, a decision matrix analysis developed to help the construction firms in taking the proper bidding decision which serve their goals, align with their vision and respect the market conditions.

DOI

10.21608/erj.2024.308769.1083

Keywords

Construction Industry, Bid/No-bid decision, Contractors’ firm

Authors

First Name

Mohamed

Last Name

Borayek

MiddleName

Nabil

Affiliation

Civil Engineering Department, Faculty of Engineering, Fayoum University, Fayoum 63514, Egypt

Email

mohamednabilborayek@gmail.com

City

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Orcid

-

First Name

Nasser

Last Name

Saleh

MiddleName

Mosleh

Affiliation

Professor of Civil Engineering, Civil Engineering Department, Faculty of Engineering at Shoubra, Benha University, Cairo11629, Egypt

Email

nasser.saleh@feng.bu.edu.eg

City

Cairo

Orcid

-

First Name

Tarek

Last Name

Attia

MiddleName

Mahmoud

Affiliation

Professor, Construction Engineering and Management, Housing and Building National Research Center (HBRC), Giza 12622, Egypt

Email

tarek_attia@yahoo.com

City

-

Orcid

-

Volume

183

Article Issue

4

Related Issue

50399

Issue Date

2024-12-01

Receive Date

2024-07-31

Publish Date

2024-12-01

Page Start

133

Page End

155

Print ISSN

1110-5615

Link

https://erj.journals.ekb.eg/article_393518.html

Detail API

https://erj.journals.ekb.eg/service?article_code=393518

Order

8

Type

Original Article

Type Code

998

Publication Type

Journal

Publication Title

Engineering Research Journal

Publication Link

https://erj.journals.ekb.eg/

MainTitle

Exploring Factors Affecting Bidding Decision of Construction Firms in The New Era of Construction Industry in Egypt

Details

Type

Article

Created At

24 Dec 2024