TY - BOOK AU - Patel, Parth (UC3813) AU - Shah, Manish (Guide) TI - Factors affecting the bidding strategy for EPC contract (Softcopy is also available) U1 - B TH-0752 PY - 2018/// N1 - CONTENTS 1.0 INTRODUCTION 1 1.01 Background 1 1.02 Project Delivery and Procurement Methods & Contract Format 1 1.03 From Contracting to EPC 2 1.04 Opportunity in EPC in India 2 1.04 Need for study 3 1.05 Aim of study 3 1.06 Objectives of Study 3 1.07 Scope of work 4 1.08 Limitations 4 1.09 Time Frame 4 2.0 LITERATURE REVIEW 5 2.01 Overview of EPC Contract 5 2.02 Overview of Bidding Strategy 5 2.03 Unviable bidding 6 2.04 Competitive Bidding 6 2.05 Bidding Strategy 6 2.05.01 Lowest Bidding Strategy 6 2.05.02 Average Bidding 7 2.05.03 Game Theory Approach for Bidding 7 2.05.04 A+B Method of Bidding 8 2.06 Bidding Models 8 2.07 Critical factors affecting the bidding strategy 9 2.08 Mark-up estimation reference model 11 2.09 Summary of Literature Review 12 2.10 Findings from the Literature Review 13 2.11 Research Gap 13 3.0 RESEARCH METHODOLOGY 14 3.0.1 Research Design 14 4.0 DATA COLLECTION 16 4.01 Data Collection Methodology 16 4.02 Groups of factors for EPC contract 16 4.03 Identified factors 17 4.04 Data Collection for Factor Analysis 18 4.04.01 Pilot Survey 18 4.04.02 Questionnaire Design 19 4.04.03 Sampling 19 4.05 Data of Respondents 20 4.05.01 Experience in Industry 21 4.06 Data Collection for designing of bid strategy 22 4.07 Bid cost calculation 22 4.07.01 Determining Bid Price 22 4.07.02 Computing Bid Price 23 4.08 Case study selection criteria 25 4.09 Case Study 25 5.0 DATA ANALYSIS 26 5.01 Overview of Data Analysis 26 5.02 Methodology of Analysis 26 5.03 Ranking the factors affecting the bid strategy for EPC Contract 26 5.03.01 Test of soundness of data 26 5.03.02 Data analysis by RII method 28 5.04 Impact of factors on bidding strategy . 34 5.04 Regression Analysis for Estimation Equation 35 5.04.01 Factors affecting the cost of project (ESR) in the planning phase: 36 5.04.02 Regression Analysis – Model -1 37 5.04.03 Regression Analysis – Model -2 38 6.0 CONCLUSION & FUTURE SCOPE 39 6.01 Conclusion 39 6.02 Future Scope 39 7.0 REFERENCES 40 8.0 ANNEXURE 42 8.01 Questionnaire Survey Form 42 8.02 List of companies 48 ER -