Sustainable winner determination for public-private partnership infrastructure projects in multi-attribute reverse auctions

Selection of a sustainable private partner (contractor) is significant to ensure the success of public-private partnership (PPP) projects. In recent years, multi-attribute reverse auctions (MARAs) are widely used in public procurement to select the desirable contractor. However, the MARA mechanism i...

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Main Author: Gao, Guang-Xin
Other Authors: Nanyang Business School
Format: Article
Language:English
Published: 2018
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Online Access:https://hdl.handle.net/10356/89064
http://hdl.handle.net/10220/46991
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Institution: Nanyang Technological University
Language: English
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spelling sg-ntu-dr.10356-890642023-05-19T06:44:41Z Sustainable winner determination for public-private partnership infrastructure projects in multi-attribute reverse auctions Gao, Guang-Xin Nanyang Business School PPP Infrastructure Projects Sustainable Procurement DRNTU::Business::General Selection of a sustainable private partner (contractor) is significant to ensure the success of public-private partnership (PPP) projects. In recent years, multi-attribute reverse auctions (MARAs) are widely used in public procurement to select the desirable contractor. However, the MARA mechanism is neglected in the existing studies. The purpose of this paper is to present a MARA framework for selecting a sustainable contractor in PPP infrastructure projects, in which the MARA rules and an integrated winner determination method are involved. In particular, the sustainability considerations are incorporated in the MARA rules, which can make the potential contractors have incentives to improve their sustainable performance. Within the MARA rules, based on the trapezoidal fuzzy linguistic representation model and the classical two-additive Choquet (TAC) integral operator, a winner determination method is developed to evaluate and rank potential contractors, in which both the bid evaluation and the interrelationships among bid evaluation attributes are considered. Finally, the potential of the proposed method is shown through an illustrative case of a PPP project of a subway construction in China. The MARA framework investigated helps governments make reliable decisions in sustainable procurement and thereby facilitates successful project delivery. Published version 2018-12-17T05:16:13Z 2019-12-06T17:17:04Z 2018-12-17T05:16:13Z 2019-12-06T17:17:04Z 2018 Journal Article Gao, G.-X. (2018). Sustainable winner determination for public-private partnership infrastructure projects in multi-attribute reverse auctions. Sustainability, 10(11), 4129-. doi: 10.3390/su10114129 https://hdl.handle.net/10356/89064 http://hdl.handle.net/10220/46991 10.3390/su10114129 en Sustainability © 2018 The Author. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (http://creativecommons.org/licenses/by/4.0/). 20 p. application/pdf
institution Nanyang Technological University
building NTU Library
continent Asia
country Singapore
Singapore
content_provider NTU Library
collection DR-NTU
language English
topic PPP Infrastructure Projects
Sustainable Procurement
DRNTU::Business::General
spellingShingle PPP Infrastructure Projects
Sustainable Procurement
DRNTU::Business::General
Gao, Guang-Xin
Sustainable winner determination for public-private partnership infrastructure projects in multi-attribute reverse auctions
description Selection of a sustainable private partner (contractor) is significant to ensure the success of public-private partnership (PPP) projects. In recent years, multi-attribute reverse auctions (MARAs) are widely used in public procurement to select the desirable contractor. However, the MARA mechanism is neglected in the existing studies. The purpose of this paper is to present a MARA framework for selecting a sustainable contractor in PPP infrastructure projects, in which the MARA rules and an integrated winner determination method are involved. In particular, the sustainability considerations are incorporated in the MARA rules, which can make the potential contractors have incentives to improve their sustainable performance. Within the MARA rules, based on the trapezoidal fuzzy linguistic representation model and the classical two-additive Choquet (TAC) integral operator, a winner determination method is developed to evaluate and rank potential contractors, in which both the bid evaluation and the interrelationships among bid evaluation attributes are considered. Finally, the potential of the proposed method is shown through an illustrative case of a PPP project of a subway construction in China. The MARA framework investigated helps governments make reliable decisions in sustainable procurement and thereby facilitates successful project delivery.
author2 Nanyang Business School
author_facet Nanyang Business School
Gao, Guang-Xin
format Article
author Gao, Guang-Xin
author_sort Gao, Guang-Xin
title Sustainable winner determination for public-private partnership infrastructure projects in multi-attribute reverse auctions
title_short Sustainable winner determination for public-private partnership infrastructure projects in multi-attribute reverse auctions
title_full Sustainable winner determination for public-private partnership infrastructure projects in multi-attribute reverse auctions
title_fullStr Sustainable winner determination for public-private partnership infrastructure projects in multi-attribute reverse auctions
title_full_unstemmed Sustainable winner determination for public-private partnership infrastructure projects in multi-attribute reverse auctions
title_sort sustainable winner determination for public-private partnership infrastructure projects in multi-attribute reverse auctions
publishDate 2018
url https://hdl.handle.net/10356/89064
http://hdl.handle.net/10220/46991
_version_ 1770566929682006016