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About Prequalification Criteria of Contractor
The document proposes an integrated model for determining prequalification criteria to select contractors. It discusses issues with the traditional lowest bid method of contractor selection, noting research has found this does not always yield the best economic or quality outcomes. The document then reviews literature on common prequalification criteria for contractors, which include factors like financial stability, management ability, technical capacity, experience, past performance, reputation, and resources. It proposes an integrated model combining Analytic Hierarchy Process (AHP) and Artificial Neural Networks (ANN) to help determine prequalification criteria and rank contractors in a more objective manner.
Detailed Information
| Author: | ['Muaf Faizudeen'] |
|---|---|
| Publication Year: | 2015 |
| Pages: | 5 |
| Language: | English |
| Format: | |
| Price: | FREE |
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