Publication:
Response to International and Local Bids

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dc.contributor.authorMir, Aized H.
dc.contributor.authorAbidi, Sohail
dc.contributor.authorDurrani, Amer Z.
dc.date.accessioned2014-08-20T21:29:22Z
dc.date.available2014-08-20T21:29:22Z
dc.date.issued2007-11
dc.description.abstractSeveral 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.en
dc.identifierhttp://documents.worldbank.org/curated/en/2007/11/9367843/response-international-local-bids
dc.identifier.doi10.1596/19542
dc.identifier.urihttps://hdl.handle.net/10986/19542
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS ROADS
dc.subjectAFFILIATED ORGANIZATIONS
dc.subjectAIRPORTS
dc.subjectBID
dc.subjectBIDDERS
dc.subjectBIDDING DOCUMENTS
dc.subjectBIDS
dc.subjectBOUNDARIES
dc.subjectBRIDGE
dc.subjectCOMPANY
dc.subjectCOMPETITIVE BIDDING
dc.subjectCORPORATION
dc.subjectCURRENCY
dc.subjectDEVELOPMENT BANK
dc.subjectDEVELOPMENT FINANCE
dc.subjectDEVELOPMENT PROJECT
dc.subjectEXCHANGE COMMISSION
dc.subjectEXPENDITURES
dc.subjectFRONTIER
dc.subjectHIGHWAY
dc.subjectHIGHWAY AUTHORITY
dc.subjectHIGHWAY PROJECT
dc.subjectHIGHWAYS
dc.subjectHOLDINGS
dc.subjectHUMAN RESOURCE
dc.subjectHUMAN RESOURCES
dc.subjectIFC
dc.subjectINTERNATIONAL AIRPORT
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectINTERNATIONAL FINANCE
dc.subjectINTERNATIONAL FIRMS
dc.subjectINVESTIGATION
dc.subjectISLAMIC BANK
dc.subjectJOINT VENTURE
dc.subjectLENGTH OF ROAD
dc.subjectLETTER OF CREDIT
dc.subjectLIMITED
dc.subjectLOAN
dc.subjectLTD.
dc.subjectMONOPOLY
dc.subjectPROJECT EVALUATION
dc.subjectPUBLIC DISCLOSURE
dc.subjectRAIL
dc.subjectRAIL LINK
dc.subjectRECONSTRUCTION
dc.subjectREGISTRY SYSTEM
dc.subjectREGULATORY AUTHORITY
dc.subjectROAD
dc.subjectROAD PROJECTS
dc.subjectROAD SECTOR
dc.subjectRURAL ROADS
dc.subjectSTAKEHOLDERS
dc.subjectTENDERING
dc.subjectTENDERS
dc.subjectTRANSPORT
dc.subjectTRANSPORT AUTHORITY
dc.subjectTRANSPORTATION
dc.subjectTRANSPORTATION OFFICIALS
dc.titleResponse to International and Local Bidsen
dspace.entity.typePublication
okr.crosscuttingsolutionareaFragility, Conflict, and Violence
okr.date.disclosure2007-11-30
okr.date.doiregistration2025-05-07T11:47:55.263728Z
okr.doctypeEconomic & Sector Work::Policy Note
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2007/11/9367843/response-international-local-bids
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeTransport and ICT
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.guid678691468073731407
okr.identifier.externaldocumentum000333037_20080418012844
okr.identifier.internaldocumentum9367843
okr.identifier.report43195
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2008/04/18/000333037_20080418012844/Rendered/PDF/431950SR0P10081327362B0Feb028102008.pdfen
okr.region.administrativeSouth Asia
okr.region.countryPakistan
okr.sectorIndustry and trade :: General industry and trade sector
okr.themeEconomic management
okr.themePublic sector governance
okr.themeFinancial and private sector development :: Regulation and competition policy
okr.themeHuman development
okr.topicMacroeconomics and Economic Growth::Investment and Investment Climate
okr.topicLaw and Development::Corporate Law
okr.topicConflict and Development::Post Conflict Reconstruction
okr.topicTransport Economics Policy and Planning
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicTransport
okr.unitTransport (SASDT)
okr.volume1 of 1
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