The Role of Competitive Bidding in the Market for Initial Attest Engagements

Author(s):  
Jean C. Bedard ◽  
Michael L. Ettredge ◽  
Karla M. Johnstone
Keyword(s):  
1998 ◽  
Vol 44 (8) ◽  
pp. 1728-1734
Author(s):  
Thomas J Hoerger ◽  
Richard C Lindrooth ◽  
Jennifer L Eggleston

Abstract The purpose of Medicare’s Demonstration of Competitive Bidding for Clinical Laboratory Services is to determine whether competitive bidding can be used to provide quality laboratory services at prices below current Medicare reimbursement rates. Here, we present key features of the preliminary design for the demonstration. The following areas are covered: scope of the demonstration, bidding process, selection of winners, reimbursement, quality, and administration and monitoring. The role of the Health Care Financing Administration’s Laboratory Technical Advisory Committee is also described, and the future of competitive bidding in a Medicare managed care environment is evaluated. We close with some brief comments on how to succeed in competitive bidding for Medicare services.


Author(s):  
P Bolton

When a municipality contracts for goods or services, it must make use of competitive bidding / a public call for tenders for contracts over R200 000 as well as for long term contracts. A competitive bidding process generally consists of different stages, for example, compiling bid specifications, advertising the bid, the receipt and evaluation of bids, and the award and implementation of the contract. The Municipal Supply Chain Management Regulations require a municipality’s Supply Chain Management Policy to provide for a committee system to oversee the different stages. Such committee system must, moreover, consist of at least a bid specification committee, a bid evaluation committee and a bid adjudication committee. Until recently, little attention has been given by the courts to the roles and composition of the different committees in the committee system. It is only after government, and in particular, municipalities have begun to implement the committee system in their procurement processes that it is evident that problems are arising. In recent months, the courts have increasingly had to deal with issues pertaining to the implementation of the committee system.In this article, the relevant legislative provisions on the committee system for competitive bids in local government are discussed. The functions of each committee are explained and all the cases that have thus far involved the implementation of the committee system are critically analysed. Much attention is given to the cases since they serve as a warning to municipalities to uphold and comply with the rules relating to the roles and composition of the different committees. The cases illustrate how important it is for municipalities to ensure that the different committees are properly constituted and that decisions at meetings are properly taken. They also highlight the importance of the supervisory role of the municipal manager over the different committees. In light of the cases it is clear that failure to comply with all the legislative requirements results in very costly litigation. 


2012 ◽  
Vol 6 (2) ◽  
pp. 1-10
Author(s):  
Giustina Consoli

Australia embarked upon a number of private prison projects during the 1990's. These projects involved the competitive bidding for prison projects by consortia, which generally consisted of a correctional operator, contractor and architect. The architect's role in such projects was to satisfy the needs and desires of the operator, contractor and government assessors.As a result, the architect became acritical element in the successful delivery of the prison projects.Intensive interviews with such architects have shown that a number of issues were experienced as a result of their inclusion in the projects.These architects reported: (a) uncertainty in undertaking large specialist projects,(b) grappling with their own expectations and those of other participating parties as to the role of the prison architect, (c) a desire to acquire a working knowledge of the philosophies of incarceration and prison design and construction, and (d) difficulties in working within an environment where suspicions were raised in regards to conflicting and underlying objectives of the operators and contractors.


1994 ◽  
Vol 9 (1) ◽  
pp. 51-59 ◽  
Author(s):  
Ronald F. Green ◽  
Thomas W. Zimmerer ◽  
Mark E. Steadman
Keyword(s):  

2020 ◽  
Author(s):  
Amos Schurr ◽  
Omer Dekel ◽  
Margarita Leib ◽  
Andrea Pittarello ◽  
Simone Moran

Competitive Bidding is the most common method used by organizations and governments to receive bids from prospective suppliers. Although the method is designed to ensure objectivity when considering proposals, here we suggest that it may be biased in favor of lower priced bids, a phenomenon termed lower bid bias (LBB). Importantly, we demonstrate that this bias leads people to qualify and choose bids that are faulty and should be outright rejected. We also provide insights into cognitive and attentional mechanisms underlying the bias, suggesting that it stems from intuitive information processing. This notion is supported by demonstrating that professionalism and process accountability moderate the bias, and by results we obtain when using eye-tracking methodology.


Itinerario ◽  
2019 ◽  
Vol 43 (01) ◽  
pp. 146-172
Author(s):  
João Paulo Salvado

AbstractBy weaving the political economy of the Portuguese empire into business history, this article highlights the role of metropolitan and colonial tax farming in the rise and fall of an elite that dominated the business scene in both mainland Portugal and colonial Brazil between roughly 1730 and 1760. It takes the Torres family business as a case study and argues that, while tax farming undoubtedly represented an opportunity to accumulate private wealth, it was also a risky business. Adding to the irregularity of fiscal income, tax farming imposed strict rules on tax farmers, deriving from the legal framework for public finance, while the Crown's policy of seeking to maximize revenue through competitive bidding also increased the risks to which they were exposed. While being highly concentrated on tax farming in Portugal and the South Atlantic empire allowed the Torres family business to amass extraordinary wealth, it also proportionately increased the firm's exposure to those risks, which were then further compounded by a succession problem that eventually led to its demise.


JAMA ◽  
1966 ◽  
Vol 195 (12) ◽  
pp. 1005-1009 ◽  
Author(s):  
D. J. Fernbach
Keyword(s):  

JAMA ◽  
1966 ◽  
Vol 195 (3) ◽  
pp. 167-172 ◽  
Author(s):  
T. E. Van Metre

2018 ◽  
Vol 41 ◽  
Author(s):  
Winnifred R. Louis ◽  
Craig McGarty ◽  
Emma F. Thomas ◽  
Catherine E. Amiot ◽  
Fathali M. Moghaddam

AbstractWhitehouse adapts insights from evolutionary anthropology to interpret extreme self-sacrifice through the concept of identity fusion. The model neglects the role of normative systems in shaping behaviors, especially in relation to violent extremism. In peaceful groups, increasing fusion will actually decrease extremism. Groups collectively appraise threats and opportunities, actively debate action options, and rarely choose violence toward self or others.


2018 ◽  
Vol 41 ◽  
Author(s):  
Kevin Arceneaux

AbstractIntuitions guide decision-making, and looking to the evolutionary history of humans illuminates why some behavioral responses are more intuitive than others. Yet a place remains for cognitive processes to second-guess intuitive responses – that is, to be reflective – and individual differences abound in automatic, intuitive processing as well.


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