Policy Study Analysis on Determinants of Winner in Public Procurement Auction December 31, 2012

Series No. 2012-08
December 31, 2012
- Summary
-
The present study tries to identify determinants of winner in public procurement auction. In most public procurement auction systems, such as turkey, qualification, and BTL(build-transfer-lease), evaluation of a bid is not limited to price factor, rather applied to non-price factor. Recently multi-dimension auction theory has been developed to analyze those auction systems. Theoretically, scoring auction which evaluates price and non-price factors at the same time turns out to be superior to price competition after pre-qualification. However there is explicit limit to apply this result to practical operation.
Qualification is one of multi-dimension procurement auction systems in Korea, which covers projects less than 30 Billion KRW. Empirical result shows that price factor is the main determinant of winner in qualification. However, current qualification system is criticized since non-price factor has negligible effect in determining winner while score in price factor tends to be given randomly. This fact indicates that improvement of current qualification system should be needed.
In the case of turnkey, both price factor and non-price factor have significant effect on determining winner. Under turnkey system, collusion among bidders are possible and several collusion cases have been detected. If weight of score on price factor were increased, then possibility of collusion would be decreased. As score in non-price factor is given by qualitative evaluation of evaluators, decreasing weight of score on non-price factor could enhance transparency and fairness in evaluation process.
Under BTL evaluation system, both price factor and non-price factor are determinants of winner or of preferred bidder. Interestingly, score in price factor and that in non-price factor are positively correlated, which indicates that a bidder with high score in price factor tends to get high score in non-price factor in bidding stage.
This study provides empirical results on multi-dimension procurement auction and explains bidding behavior during bidding process. Further research should focus on linking bidding behavior in a certain procurement system with purpose of that system.
- Contents
-
발간사
요 약
제1장 서 론
제2장 다차원 경매의 이론적 배경
제1절 다차원 경매 모형
제2절 다차원 경매의 균형해 분석
제3절 최적 평가제도
제3장 다차원 경매의 입찰자료 분석
제1절 적격심사
제2절 턴키입찰자료 분석
제3절 임대형 민간투자사업의 입찰자료 분석
제4절 수익형 민간투자사업의 입찰자료 분석
제5절 입찰행태의 이론적 분석
제4장 결 론
참고문헌
부록: 시설공사부문의 입찰경쟁방식과 낙찰자 결정방식
ABSTRACT
If you want to know more in detail?
- Key related materials
We reject unauthorized collection of email addresses posted on our website by using email address collecting programs or other technical devices. To access the email address, please type in the characters exactly as they appear in the box below.
Please enter the security code to prevent unauthorized information collection.