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Research Article
Vol. 2, Issue 2
CONTRACTOR SELECTION MODEL IN COMPETITIVE BIDDING SYSTEM
The lowest bid has often been favoured for award of contracts in competitive bidding. Despitethe fact that the essence is to achieve value for money for the client, studies show that the lowestbid doesn't often guarantee cost efficacy of construction projects. Different models have beendeveloped to improve on the lowest bid award system. Some of th...
