oa Civil Engineering = Siviele Ingenieurswese - finansiële evaluasie van tenders



The purpose of this study is to develop a scientifically based technique for the financial evaluation of tenders. The lowest tender amount does not necessarily represent the most economical tender . The contract amount can be determined with greater accuracy only after factors such as interest rates, the rate of inflation, unit prices, quantities, construction programme and construction period have been taken into account.


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