Suicide bidding - Revision history

Designing Buildings at 07:54, 29 March 2022

2022-03-29T07:54:42Z

← Older revision		Revision as of 07:54, 29 March 2022
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	‘A report exploring procurement in the construction industry’, published by The Chartered Institute of Building (CIOB) in 2010 states: ‘The practice of bidding unusually lower than competitors in order to obtain work is referred to in the industry as ‘suicide bidding’. Companies do this simply to ensure they have work for their skilled staff to undertake, even if it means only breaking even on a project or, in some cases, making a loss.’		‘A report exploring procurement in the construction industry’, published by The Chartered Institute of Building (CIOB) in 2010 states: ‘The practice of bidding unusually lower than competitors in order to obtain work is referred to in the industry as ‘suicide bidding’. Companies do this simply to ensure they have work for their skilled staff to undertake, even if it means only breaking even on a project or, in some cases, making a loss.’

−	= Related articles on Designing Buildings ~~Wiki~~ =	+	= Related articles on Designing Buildings =

	* Abnormally low tender.		* Abnormally low tender.
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	* Bidding tactics.		* Bidding tactics.
	* Competitive tender.		* Competitive tender.
		+	* Cut-throat competition.
	* Procurement.		* Procurement.
	* Tender evaluation.		* Tender evaluation.

Designing Buildings at 07:31, 3 August 2021

2021-08-03T07:31:21Z

← Older revision		Revision as of 07:31, 3 August 2021
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	= Related articles on Designing Buildings Wiki =		= Related articles on Designing Buildings Wiki =

		+	* Abnormally low tender.
	* Auction theory.		* Auction theory.
	* Best value.		* Best value.

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2021-08-03T07:25:08Z

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‘A report exploring procurement in the construction industry’, published by The Chartered Institute of Building (CIOB) in 2010 states: ‘The practice of bidding unusually lower than competitors in order to obtain work is referred to in the industry as ‘suicide bidding’. Companies do this simply to ensure they have work for their skilled staff to undertake, even if it means only breaking even on a project or, in some cases, making a loss.’

= Related articles on Designing Buildings Wiki =

* Auction theory.
* Best value.
* Bid.
* Bidding tactics.
* Competitive tender.
* Procurement.
* Tender evaluation.
* Tender process.
* Tender.

[[Category:DCN_Definition]] [[Category:Definitions]] [[Category:Procurement]]