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Publication Date: 24-NOV-03 Format: XML document
Article Description
Some contractors have been cursing Internet-based reverse auction bidding as a tool of the devil designed to help owners drive down contract margins. But owners who increasingly are using the device to save money have developed a set of guidelines that they believe may help smooth out some of the rough spots while preserving the positive aspects.
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Engineering News-Record (ENR) is the recognised source of important information among owners, contractors and design and engineering professionals. ENR covers the business and technical news of the global business and construction industry.