QUALITY – COST TRADE OFF (QCT) FOR CONTRACTOR SELECTION

Manish Kumar Sharma, R. Kansal

Abstract: The construction industries has witnessed the failure of many projects led to the contractor selection. The various reasons of project failure concern contractor selection is financial problems, poor performance lack of adequate quality consideration at worksite. All these incidents is depend upon the current system of awarding the contractor in which only price is competitiveness. To achieve the best value for money, the tender evaluation should consider not only price, but also compliance with Client’s requirement. A quality cost trade off (QCT) based contractor selection model is structured to cover non –price attributes i.e. quality together with the bid price. The (QCT) model enables the user to designate the weighting of non price and price criteria depending on the need and wants of the client and or project. The results show that the model provides a guide for the client to reward experienced, capable and qualified contractors, and eliminate incompetent, inexperienced for the success and quality of work

Keywords: Tendering; Competitive bidding strategy; Contractor selection;

DOI: https://doi.org/10.15623/ijret.2015.0404054