Evaluating performance potential in the selection of construction contractors

Olomolaiye, Paul O.; Holt, Gary D.; Olomolaiye, Paul; Harris, Frank C.

Abstract

A quantitative contractor selection technique which embraces the prequalification, evaluation and final selection processes is being developed. The emphasis is on evaluating contractors’ performance potential in terms of their ability to achieve time, cost and quality standards. This approach is in contrast to the majority of current selection techniques which tend to prequalify, then discriminate predominantly on the cost component of tenders.Theconceptualmodel isappliedtoahypotheticalbutrealisticscenarioof a contractor competing for a small industrial contract. This illustrates the mechanics of the new technique, emphasizing that contractor selection should include identifying the contractor with the best performance potential and not merely the lowest bidder. © 1994, MCB UP Limited

Citation

Olomolaiye, P. O., Holt, G. D., Olomolaiye, P., & Harris, F. C. (1994). Evaluating performance potential in the selection of construction contractors. Engineering, Construction and Architectural Management, 1(1), 29-50. https://doi.org/10.1108/eb020991

• Journal Article Type: Review
• Publication Date: Jan 1, 1994
• Journal: Engineering, Construction and Architectural Management
• Print ISSN: 0969-9988
• Publisher: Emerald
• Peer Reviewed: Peer Reviewed
• Volume: 1
• Issue: 1
• Pages: 29-50
• DOI: https://doi.org/10.1108/eb020991
• Keywords: performance, evaluation, construction contractors
• Public URL: https://uwe-repository.worktribe.com/output/1108777
• Publisher URL: http://www.emeraldinsight.com/