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/lp/de-gruyter/interpretation-of-the-concept-of-discount-in-technical-works-tenders-bFqyAVIYpq
References (3)
-
Pavlos Metallinos (2013)
Application of mathematical method in public works tendering in GreeceEuropean Journal of Law and Economics, 35
-
(2011)
Public Works Management – costing policies and legislative study, Tziola editions -
(1991)
Commodity and Money, 42
- Publisher
- de Gruyter
- Copyright
- © 2019 Pavlos Metallinos, published by Sciendo
- eISSN
- 2067-9785
- DOI
- 10.2478/hjbpa-2019-0002
- Publisher site
- See Article on Publisher Site
Abstract
AbstractThe text deals with the concept of the discount submitted by a candidate contractor tendering for a public works project. In accordance with prevailing conceptions, the quantity of the discount is perceived as being the amount of monetary compensation the candidate building contractor is willing to forgo for the sake of emerging as the winner of the tender. The text argues on the contrary that the discount is an objectively measurable magnitude. Specifically it is equal to the algebraic difference of the absolute surplus value that could be appropriated by the public works contractor minus the quantity of relative surplus value by virtue of which he is able to recoup the amount of discount submitted in the tender.
Journal
HOLISTICA – Journal of Business and Public Administration – de Gruyter
Published: Apr 1, 2019