Abstract

Evaluation of competitive bids for large engineering projects such as desalination plant construction requires careful consideration of several factors other than pure economic merits; namely, technical characteristics of bids, the socio-political situation, safety merits, environmental aspects, public acceptance and other non-financial aspects. A method is developed here based on verbal judgment and fuzzy set theory to allow for comprehensive and systematic formal evaluation of bids. The method is applied to a case study and can be directly used by the technical team to make the final conclusion. The method is implemented in the form of a computer code (MAFDA) which is suitable for interactive computer facilities.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.