Engineering
8 years ago

Revolutionizing Public Procurement: Electronic Bidding Systems Enhance Transparency and Efficiency

Korean Journal of Construction Engineering and Management
A Study on the Electronic Processing of Bidding Business for Public Procurement in Construction Industry
Ahn Kwang-Hoon, Cheon Bong-Gi, Kim Seung-Kyun, Yea-Sang Kim

Paper Summary

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The article discusses how the traditional bidding process in the construction industry can be improved through electronic systems. The researchers analyzed current bidding systems and found that users are generally satisfied with electronic systems. They suggest that future systems should focus on standardization, security, and consolidation to enhance efficiency and fairness in the bidding process.