Competitive Bidding in Construction Contracting
MDOT has experienced, over the last several years, the following problems regarding bidding: 1. Overall increase of bid prices, despite a low inflation rate in the overall economy. 2. Lower number of actual bids received. 3. Concerns as to whether or not current MDOT Bidding practices help foster bidder collusion. 4. Higher bid prices affecting the number of projects that can be built. 5. Inconsistent and unbalanced bids on traffic control pay items, especially lump sum pay items. 6. Inaccurate price estimating of traffic control pay items.
Language
- English
Project
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Contract Numbers:
2019‐0313 Z5
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Sponsor Organizations:
Michigan Department of Transportation
Van Wagoner Building
425 W. Ottawa Street
Lansing, MI United States 48909 - Start Date: 0
- Expected Completion Date: 20220930
- Actual Completion Date: 0
Subject/Index Terms
- TRT Terms: Competitive bidding; Contract administration
- Subject Areas: Administration and Management; Finance;
Filing Info
- Accession Number: 01774508
- Record Type: Research project
- Source Agency: Michigan Department of Transportation
- Contract Numbers: 2019‐0313 Z5
- Files: RIP, STATEDOT
- Created Date: Jun 21 2021 11:00AM