Response to International and Local Bids
Several stakeholders in the Pakistan construction industry have expressed concern about the apparent poor response to recent international and local bids. The objectives of the study were to evaluate the level of response to recent international an...
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| Format: | Policy Note |
| Language: | English en_US |
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World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2007/11/9367843/response-international-local-bids http://hdl.handle.net/10986/19542 |
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okr-10986-195422021-04-23T14:03:46Z Response to International and Local Bids Mir, Aized H. Abidi, Sohail Durrani, Amer Z. ACCESS ROADS AFFILIATED ORGANIZATIONS AIRPORTS BID BIDDERS BIDDING DOCUMENTS BIDS BOUNDARIES BRIDGE COMPANY COMPETITIVE BIDDING CORPORATION CURRENCY DEVELOPMENT BANK DEVELOPMENT FINANCE DEVELOPMENT PROJECT EXCHANGE COMMISSION EXPENDITURES FRONTIER HIGHWAY HIGHWAY AUTHORITY HIGHWAY PROJECT HIGHWAYS HOLDINGS HUMAN RESOURCE HUMAN RESOURCES IFC INTERNATIONAL AIRPORT INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL FIRMS INVESTIGATION ISLAMIC BANK JOINT VENTURE LENGTH OF ROAD LETTER OF CREDIT LIMITED LOAN LTD. MONOPOLY PROJECT EVALUATION PUBLIC DISCLOSURE RAIL RAIL LINK RECONSTRUCTION REGISTRY SYSTEM REGULATORY AUTHORITY ROAD ROAD PROJECTS ROAD SECTOR RURAL ROADS STAKEHOLDERS TENDERING TENDERS TRANSPORT TRANSPORT AUTHORITY TRANSPORTATION TRANSPORTATION OFFICIALS Several stakeholders in the Pakistan construction industry have expressed concern about the apparent poor response to recent international and local bids. The objectives of the study were to evaluate the level of response to recent international and local tenders and to assess the level of interest of international firms to bid on projects in Pakistan. The response to recent invitations to bid on projects across Pakistan has been poor from both international and local firms. Although, tendering was open to both international and local contractors, most firms that submitted bids have been local. Generally, the same set of four or so contractors repeatedly bid for projects across the country, and the lowest bidder always won the contract. There was apparently minimum weight-age given to an evaluation of the technical capability of the lowest bidder. The lack of response in bids and the high prices being quoted can be considered as indicators of supply and demand gaps. There seem to be abundant opportunities for work, and limitations in the contractor ' s capacity to do work are being tested by the current market situation, where there is ample work and the contractors are in a position to choose the works which interest them. In such circumstances, the short-term implications are clear-contractors will demand high premiums for less attractive work and response to bids for work in difficult remote areas with higher risks shall remain especially poor. In a market driven economy, it will take some time until the supply demand situation achieves stability, while for the short term, the clients will be faced with accepting higher bid rates in order to deliver upon their development goals and also accept the risk that the limited pool of contractors may not be able to deliver. 2014-08-20T21:29:22Z 2014-08-20T21:29:22Z 2007-11 http://documents.worldbank.org/curated/en/2007/11/9367843/response-international-local-bids http://hdl.handle.net/10986/19542 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Economic & Sector Work :: Policy Note Economic & Sector Work South Asia Pakistan |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCESS ROADS AFFILIATED ORGANIZATIONS AIRPORTS BID BIDDERS BIDDING DOCUMENTS BIDS BOUNDARIES BRIDGE COMPANY COMPETITIVE BIDDING CORPORATION CURRENCY DEVELOPMENT BANK DEVELOPMENT FINANCE DEVELOPMENT PROJECT EXCHANGE COMMISSION EXPENDITURES FRONTIER HIGHWAY HIGHWAY AUTHORITY HIGHWAY PROJECT HIGHWAYS HOLDINGS HUMAN RESOURCE HUMAN RESOURCES IFC INTERNATIONAL AIRPORT INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL FIRMS INVESTIGATION ISLAMIC BANK JOINT VENTURE LENGTH OF ROAD LETTER OF CREDIT LIMITED LOAN LTD. MONOPOLY PROJECT EVALUATION PUBLIC DISCLOSURE RAIL RAIL LINK RECONSTRUCTION REGISTRY SYSTEM REGULATORY AUTHORITY ROAD ROAD PROJECTS ROAD SECTOR RURAL ROADS STAKEHOLDERS TENDERING TENDERS TRANSPORT TRANSPORT AUTHORITY TRANSPORTATION TRANSPORTATION OFFICIALS |
| spellingShingle |
ACCESS ROADS AFFILIATED ORGANIZATIONS AIRPORTS BID BIDDERS BIDDING DOCUMENTS BIDS BOUNDARIES BRIDGE COMPANY COMPETITIVE BIDDING CORPORATION CURRENCY DEVELOPMENT BANK DEVELOPMENT FINANCE DEVELOPMENT PROJECT EXCHANGE COMMISSION EXPENDITURES FRONTIER HIGHWAY HIGHWAY AUTHORITY HIGHWAY PROJECT HIGHWAYS HOLDINGS HUMAN RESOURCE HUMAN RESOURCES IFC INTERNATIONAL AIRPORT INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL FIRMS INVESTIGATION ISLAMIC BANK JOINT VENTURE LENGTH OF ROAD LETTER OF CREDIT LIMITED LOAN LTD. MONOPOLY PROJECT EVALUATION PUBLIC DISCLOSURE RAIL RAIL LINK RECONSTRUCTION REGISTRY SYSTEM REGULATORY AUTHORITY ROAD ROAD PROJECTS ROAD SECTOR RURAL ROADS STAKEHOLDERS TENDERING TENDERS TRANSPORT TRANSPORT AUTHORITY TRANSPORTATION TRANSPORTATION OFFICIALS Mir, Aized H. Abidi, Sohail Durrani, Amer Z. Response to International and Local Bids |
| geographic_facet |
South Asia Pakistan |
| description |
Several stakeholders in the Pakistan
construction industry have expressed concern about the
apparent poor response to recent international and local
bids. The objectives of the study were to evaluate the level
of response to recent international and local tenders and to
assess the level of interest of international firms to bid
on projects in Pakistan. The response to recent invitations
to bid on projects across Pakistan has been poor from both
international and local firms. Although, tendering was open
to both international and local contractors, most firms that
submitted bids have been local. Generally, the same set of
four or so contractors repeatedly bid for projects across
the country, and the lowest bidder always won the contract.
There was apparently minimum weight-age given to an
evaluation of the technical capability of the lowest bidder.
The lack of response in bids and the high prices being
quoted can be considered as indicators of supply and demand
gaps. There seem to be abundant opportunities for work, and
limitations in the contractor ' s capacity to do work
are being tested by the current market situation, where
there is ample work and the contractors are in a position to
choose the works which interest them. In such circumstances,
the short-term implications are clear-contractors will
demand high premiums for less attractive work and response
to bids for work in difficult remote areas with higher risks
shall remain especially poor. In a market driven economy, it
will take some time until the supply demand situation
achieves stability, while for the short term, the clients
will be faced with accepting higher bid rates in order to
deliver upon their development goals and also accept the
risk that the limited pool of contractors may not be able to deliver. |
| format |
Economic & Sector Work :: Policy Note |
| author |
Mir, Aized H. Abidi, Sohail Durrani, Amer Z. |
| author_facet |
Mir, Aized H. Abidi, Sohail Durrani, Amer Z. |
| author_sort |
Mir, Aized H. |
| title |
Response to International and Local Bids |
| title_short |
Response to International and Local Bids |
| title_full |
Response to International and Local Bids |
| title_fullStr |
Response to International and Local Bids |
| title_full_unstemmed |
Response to International and Local Bids |
| title_sort |
response to international and local bids |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2007/11/9367843/response-international-local-bids http://hdl.handle.net/10986/19542 |
| _version_ |
1764441354486677504 |