A higher BCP indicates higher bid competitiveness.

A zero BCP means a contractor’s bid is equal to the lowest bid.

The maximum bid competitiveness is denoted by BCP equals zero.

A higher BCP indicates lower bid competitiveness.

erratic

lower

stationary

higher

it is the easiest section to be priced.

it is the most difficult section to be priced.

many items of the preliminaries section cannot be priced until the full scope of work is known.

it needs to be priced by the top management in the tender adjudication meeting.

neutral

no

a positive 

an inverse

They want to increase their chances of winning a bid.

They want to stay in favour with clients.

They want to maintain presence in the market.

They want to maintain the feel for the market.

There are large number of small and medium-sized construction firms.

A construction firm would have a significant market share.

The majority of the construction firms are privately owned.

Contractors are in weak bargaining position.

Contractor B with CECR of 0.95.

Contractor C with CECR of 1.00

Contractor A with CECR of 0.90.

Contractor D with CECR of 1.10

Contractor A with BCR of 1.00

Contractor B with BCR of 1.10

Contractor D with BCR of 0.95

Contractor C with BCR of 0.90