To read the full version of this content please select one of the options below:

Do federal davis-bacon and disadvantaged business enterprise regulations affect aggressive bidding? evidence from highway resurfacing procurement auctions

Kevin C. Duncan (Hasan School of Business, Colorado State University-Pueblo)

Journal of Public Procurement

ISSN: 1535-0118

Article publication date: 1 March 2015

Abstract

Previous empirical studies examine the effect of asymmetries across bidders on auction outcomes. This paper tests for asymmetries in behavior when bidders are confronted with different regulatory environments. Data from federal and state highway resurfacing projects in Colorado are used to determine if bids are more aggressive when contractors switch from federal projects, with Davis-Bacon prevailing wage and Disadvantaged Business Enterprise regulations, to less-regulated state projects. Results from fixed effects estimates of winning bids indicate that the level of aggressive bidding is not altered with a change in regulations, at least not with respect to the policies and types of projects examined here.

Citation

Duncan, K.C. (2015), "Do federal davis-bacon and disadvantaged business enterprise regulations affect aggressive bidding? evidence from highway resurfacing procurement auctions", Journal of Public Procurement, Vol. 15 No. 3, pp. 291-316. https://doi.org/10.1108/JOPP-15-03-2015-B002

Publisher

:

Emerald Publishing Limited

Copyright © 2015 by PrAcademics Press