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. (The rest omitted)
공공투자사업 입찰에서의 낙찰자 결정요인 분석(Analysis on determinants of winner in public procurement auction)
|Series Title; No||정책연구시리즈 / 2012-08|
|Subject Country||South Korea(Asia and Pacific)|
|Subject||Economy < General|
|Holding||한국개발연구원; KDI 국제정책대학원|