Abstract
Many factors influence the efficiency and quality of transport works. In particular, consultants and construction contractors of these works play important roles, and critical factors directly affect the quality of traffic works. If the quality of consultancy and construction is good, the project will reduce the total investment; if the contractor is good, the completion time of the new project is guaranteed, thus reducing construction costs. The longer the construction time is, the higher the cost of the project. In this study, the authors used optimal algorithms to evaluate past, present, and future contractors’ technical, technological, and performance effectiveness. Research results show that bidders are divided into three groups: highly effective bidders, stable contractors, and inefficient groups. Research results for this subject will help the government, regulatory agencies, and investors select good contractors as the basis for developing strategies and policies for the development of transport infrastructure.
Highlights
Contractor Selection Procedure: There are currently many models for selecting contractors for transport infrastructure projects, in which the best bidder selection model by Jyh-Bin Yang andWei-Chih Wang is utilized (Figure 1).Mathematics 2019, 7, 98; doi:10.3390/math7010098 www.mdpi.com/journal/mathematicsMathematics 2019, 7, x FOR PEER REVIEW Figure 1. 1
The result of this study is a solid basis for the government, regulatory agencies, and investors to use for strategic planning and policy development of transport infrastructure with high efficiency
The best way to do this is through the selection of contractors who have the human, financial, technical, and technological capabilities to meet the requirements of managers and investors
Summary
Contractor Selection Procedure: There are currently many models for selecting contractors for transport infrastructure projects, in which the best bidder selection model by Jyh-Bin Yang and. Mathematics 2019, 7, x FOR PEER REVIEW Figure 1. Contractor selection selection procedure procedure [1]. Choosing aa contractor contractorfor forconstruction constructionof of traffic works is important an important issue.
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