2013
DOI: 10.1016/j.autcon.2012.11.036
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Detecting abnormal and collusive bids in capped tendering

Abstract: Recent developments in the area of Bid Tender Forecasting have enabled bidders to implement new types of easy-to-use tools for increasing their chances of winning contracts. Although these new tools (such as iso-Score Curve Graphs, Scoring Probability Graphs, and Position Probability Graphs) are designed for bidders in capped tendering (tenders with an upper price limit), some of their principles can also be applied by a Contracting Authority to detect which bidders do not follow a standard pattern, that is, t… Show more

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Cited by 39 publications
(31 citation statements)
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“…El fenómeno de oferta de acompañamiento se puede producir de diferentes modos pero todos con el mismo objetivo, intentar conseguir una posición ventajosa en la puntuación econó-mica de una licitación en base a acuerdos previos con otras empresas competidoras (13) (14).…”
Section: Las Ofertas De Acompañamientounclassified
“…El fenómeno de oferta de acompañamiento se puede producir de diferentes modos pero todos con el mismo objetivo, intentar conseguir una posición ventajosa en la puntuación econó-mica de una licitación en base a acuerdos previos con otras empresas competidoras (13) (14).…”
Section: Las Ofertas De Acompañamientounclassified
“…The second point is to find out the evidence of bid rigging by analyzing the bidding price. In this area, Ballesteros-Pérez et al found unusual bid prices by using tools to predict the bidding price cap and floor, which can provide effective support for the discovery of bid rigging behavior [18]. The third point is the behavior analysis of the participants in the bidding process.…”
Section: B Literature Review Of Bid Riggingmentioning
confidence: 99%
“…This tool, informally referred by its authors as the Smartbid model (Ballesteros-Pérez et al 2013b) (used hereinafter for the sake of simplicity) enables bidders to place their bids using statistical procedures based on previous bidding experiences that share the same Economic Scoring Formula (ESF).…”
Section: Introductionmentioning
confidence: 99%