• Title/Summary/Keyword: Bidding Method

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The Problems and Improvement Methods of Apartment Management Company Selection System (공동주택 관리업체 선정방식의 문제점과 개선방안)

  • Chun, Hyeon-Sook
    • Journal of the Korean housing association
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    • v.23 no.2
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    • pp.89-98
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    • 2012
  • As the construction of multi-family housings, especially apartments, has been increased since 1970s, the multi-family housing becomes one of the main housing types in Korea. With the increase of multi-family housings, managing them becomes an important issue. Since 2010, the government has made a lowest price award system by a competitive bid compulsory to promote the development of housing management systems. Although competitive bids were implemented, the maintenance company was finally selected by the price without any other consideration. Consequently, the quality of management service was not enhanced. The purpose of this study is to suggest the improvement scheme of multi-family housing management system. In this study, the bidding data of "K-apt", the bidding method and the successful tendered price are analyzed. The results of analyzing bidding materials, the proportion of applying a lowest price system was 67.7%. Also many diverse ways to select the best management company were used, but most of these ways were violate the law and guidelines of Ministry of Land, Transport and Maritime Affairs. It meant that the lowest price award system was not implemented by strict standards and didn't correspond with the needs of residents of apartment. This condition made the housing maintenance quality low and deteriorated the management industry development. To enhance this condition, a new standard to select the management company, which are included contents of quality of managing quality, management expenses and companies' soundness, is necessary.

Using Neural Networks to Forecast Price in Competitive Power Markets

  • Sedaghati, Alireza
    • 제어로봇시스템학회:학술대회논문집
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    • 2005.06a
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    • pp.271-274
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    • 2005
  • Under competitive power markets, various long-term and short-term contracts based on spot price are used by producers and consumers. So an accurate forecasting for spot price allow market participants to develop bidding strategies in order to maximize their benefit. Artificial Neural Network is a powerful method in forecasting problem. In this paper we used Radial Basis Function(RBF) network to forecast spot price. To learn ANN, in addition to price history, we used some other effective inputs such as load level, fuel price, generation and transmission facilities situation. Results indicate that this forecasting method is accurate and useful.

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Optimal Bidding Strategy of Competitive Generators under Price Based Pool (PBP(Price Based Pool) 발전경쟁시장에서의 최적입찰전략수립)

  • Kang, Dong-Joo;Moon, Young-Hwan;Oh, Tae-Kyoo;Kim, Bal-Ho
    • Proceedings of the KIEE Conference
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    • 2001.11b
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    • pp.57-59
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    • 2001
  • The restructuring of power industry is still going on all over the world for last several decades. Many kinds of restructuring model has been studied, proposed, and applied. Among those models, power pool is more popular than others. This paper assumes the power pool market structure having competitive generation sector and a new method is presented to build bidding strategy in that market. The utilities participating in the market have the perfect information on their cost and price functions, but they don't know the strategy to be chosen by others. To define one's strategy as a vector, we make utility's cost/price function into discrete step function. An utility knows only his own strategy, so he estimates the other's strategy using stochastic methods. For considering these conditions, we introduce the Bayesian rules and noncooperative game theory concepts. Also additional assumptions are included for simplification of solving process. Each utility builds the strategy to maximize his own expected profit function using noncooperative Bayesian game. A numerical example is given in case study to show essential features of this approach.

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Multi-Stage Generation Allocation Game Considering Ramp-rate Constraints (경쟁적 전력시장에서 발전기 증감발률을 고려한 다중시간 발전량 배분 게임)

  • Park, Yong-Gi;Park, Jong-Bae;Roh, Jae-Hyung;Kim, Hyeong-Jung;Shin, Jung-Rin
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.60 no.3
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    • pp.509-516
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    • 2011
  • This paper studies a novel method to find the profit-maximizing Nash Equilibriums in allocating generation quantities with consideration of ramp-rates under competitive market environment. Each GenCo in a market participates in a game to maximize its profit through competitions and play a game with bidding strategies. In order to find the Nash equilibriums it is necessary to search the feasible combinations of GenCos' strategies which satisfy every participant's profit and no one wants various constraints. During the procedure to find Nash equilibriums, the payoff matrix can be simplified as eliminating the dominated strategies. in each time interval. Because of the ramp-rate, generator's physically or technically limits to increase or decrease outputs in its range, it can restrict the number of bidding strategies of each generator at the next stage. So in this paper, we found the Nash Equilibriums for multi-stage generation allocation game considering the ramp-rate limits of generators. In the case studies, we analyzed the generation allocation game for a 12-hour multi-stage and compared it with the results of dynamic economic dispatch. Both of the two cases were considered generator's ramp-rate effects.

Contingent Valuation Method with a Risk Answering Mechanism (위험응답메커니즘을 포함한 조건부가치평가)

  • Park, Joo Heon
    • Environmental and Resource Economics Review
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    • v.14 no.4
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    • pp.793-816
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    • 2005
  • This paper proposes a new answering mechanism called RAM (Risk Answering Mechanism) which can be applied to a contingent valuation method. The RAM is derived from the theory of expected utility maximization under the assumption that there exists an uncertainty in a nonmarket good of interest. In RAM, a respondent would accept an uncertain offer only if his or her WTP for the mean of the offer is large enough to exceed the bidding price by more than a risk premium. This is in a striking contrast with a traditional answering mechanism (TAM) in which the WTP is simply compared with the bidding price. Therefore, the TAM would underestimate the WTP by a risk premium without considering the uncertainty a respondent may face. An empirical comparison is made between RAM and TAM using a survey data on the Tong river. It is found that underestimation problem is very serious in the TAM.

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A study of Demand-Side-Bidding Participation Method for Demand response's interconnection of market (수요자원의 시장연계를 위한 수요시장 입찰 참여방식의 연구)

  • Shon, Jung-Kuk;Yang, Min-Soung
    • Proceedings of the KIEE Conference
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    • 2011.07a
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    • pp.666-667
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    • 2011
  • 수요자원은 전력수급 관리에 있어 중요한 위치를 차지할 것으로 보고 있다. 특히 일본 지진과 관련하여 원전사고는 신규 발전소의 입지 난과 환경문제들을 더욱 불거지게 하였으며 전력수급문제가 공급 측면에서만 해결될 수 없으며 수요측면에서도 적극적으로 관리할 필요성이 대두되었다. 본 논문에서는 수요자원이 시장에 연계하여 활용될 수 있도록 수요시장 입찰 참여방식에 대해 검토하였다.

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P-Pool Program Application Method for Analyzing Relations between SMP and Bidding Strategies of Pumped-Storage Power Plant (양수발전기의 입찰과 SMP관계 분석을 위한 P-Pool 프로그램 응용방법)

  • Cho, Sung-Wi;Lee, Kwang-Ho;Kim, Wook
    • Proceedings of the KIEE Conference
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    • 2008.07a
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    • pp.578-579
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    • 2008
  • 본 논문은 국내 전력시장과 동일한 규칙을 지닌 P-Pool 전산모형을 소개하였다. P-Pool 전산모형은 양수발전기의 입찰계획을 자동으로 생성하기 때문에 사용자가 입찰계획변경에 따른 SMP 변화를 분석하기 어렵다. 이를 해결하기 위해 본 연구에서는 양수발전기의 입찰계획량을 수요에 반영하는 방법을 제안하였고, 사례연구를 활용하여 검증하였다.

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Influencing Factors Analysis for the Number of Participants in Public Contracts Using Big Data (빅데이터를 활용한 공공계약의 입찰참가자수 영향요인 분석)

  • Choi, Tae-Hong;Lee, Kyung-Hee;Cho, Wan-Sup
    • The Journal of Bigdata
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    • v.3 no.2
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    • pp.87-99
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    • 2018
  • This study analyze the factors affecting the number of bidders in public contracts by collecting contract data such as purchase of goods, service and facility construction through KONEPS among various forms of public contracts. The reason why the number of bidders is important in public contracts is that it can be a minimum criterion for judging whether to enter into a rational contract through fair competition and is closely related to the budget reduction of the ordering organization or the profitability of the bidders. The purpose of this study is to analyze the factors that determine the participation of bidders in public contracts and to present the problems and policy implications of bidders' participation in public contracts. This research distinguishes the existing sampling based research by analyzing and analyzing many contracts such as purchasing, service and facility construction of 4.35 million items in which 50,000 public institutions have been placed as national markets and 300,000 individual companies and corporations participated. As a research model, the number of announcement days, budget amount, contract method and winning bid is used as independent variables and the number of bidders is used as a dependent variable. Big data and multidimensional analysis techniques are used for survey analysis. The conclusions are as follows: First, the larger the budget amount of public works projects, the smaller the number of participants. Second, in the contract method, restricted competition has more participants than general competition. Third, the duration of bidding notice did not significantly affect the number of bidders. Fourth, in the winning bid method, the qualification examination bidding system has more bidders than the lowest bidding system.

A Study on Construction Evaluation Criteria for Securing the Objectivity in Public Construction (공공공사 시공평가 항목의 객관성 확보를 위한 주요 개선 항목 도출에 관한 연구)

  • Seo, Se Deok;Kim, Ok Kyue;Park, Hyung Keun
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.39 no.6
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    • pp.913-921
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    • 2019
  • The government introduced the comprehensive evaluation bidding system with the goal of pursuing the best value and the global standard in 2016. However, for the evaluation criteria on the construction evaluation reflected to the comprehensive evaluation bidding system, the problems of the objectivity insufficiency, the inclusion of multiple subjective evaluation items, and the irrationality of the weight for each evaluation item are continue to be presented. The central office group, the local government, the relevant industry, and the expert group share recognition, but the solution is not derived. Hence, the major evaluation items to be improved were derived with the characteristics analyzed to secure the objectivity of the construction evaluation. For the analysis method, the standard deviation and the Fleiss Kappa analysis method were used by utilizing the characteristics that the construction evaluation criteria consist of all 4-point measures (good, average, insufficient, and poor). According to the result, the 10 evaluation items of the total 25 construction evaluation items were derived as the evaluation items to be improved. It was found in the analysis on the major characteristics of the derived evaluation items that the qualitative evaluation criteria such as 'Very Suitable' and 'Suitable' were commonly included in the detailed evaluation guidelines. Hence, as far as the future construction evaluation standards are concerned, the qualitative evaluation standards are sublated, and the improvement should be made mainly for the quantitative evaluation criteria enabling the objectivity assurance.

Current Situation of Domestic Architectural Practice in order to construct Sustainable Architecture (친환경 건축물 실현을 위한 국내 설계사무소의 현황)

  • Yim, Su-Hyun
    • Journal of The Korean Digital Architecture Interior Association
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    • v.11 no.1
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    • pp.91-98
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    • 2011
  • This study is to concern about the effort of architectural practice to realize the sustainable architecture. It is necessary to know about the integrated design method which combines the passive design method with the active design method from the initial design phase. One case study is followed to explain the method. Integrated design starts from defining the project and goal setting, site evaluation, design concept, design optimization, documents and specifications, bidding and construction and post occupancy evaluation followed respectively. In order to construct the sustainable design, sophisticated understanding about nature and its' principle is important and adaptable application of nature and climate depending on location is followed. In conclusion, architects and specialists of sustainable design should make an effort more study.