A REVIEW ON STRATEGY OF BIDDING AND COMPETITIVE BIDDING PROCESS
Keywords:Meanings of bidding, Competitive bidding process, Advantages of bidding process, Factors affecting on bidding strategy
Construction bidding is the process of submitting a tender to undertake, or manage the undertaking of a
construction project. The process starts with a cost estimate from blueprints and material take offs. In construction
bidding time there are many factors affecting and influences. This scenario is highly relevant to the specific project and
construction environment. It is very difficult to the applied on short term projects by construction management team.
This paper understands about bidding, factors affecting in construction bidding strategy, advantages of bidding, pricing
strategies in bidding and process of bidding in construction industry.