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Journal of Emerging Trends in Engineering and Applied Sciences (JETEAS)

ISSN:2141-7016

Article Title: Standardization of Bid Evaluation in the Upstream Sector of the Nigeria Oil and Gas Industry
by Naiyeju E. A., Ogedengbe T. I. and Aderoba A. A

Abstract:
To avoid lack of transparency, favoritism of some contractors and tailored evaluation this study developed standard evaluation method for the evaluation of bids in the upstream sector of the Nigeria oil and gas industry. Elements of the evaluation criteria were standardized based on the data collected through administered questionnaires. Sequential elimination and goal programming methods were introduced alongside the existing weighted average method, which was modified, to develop models for evaluation purpose. Value analysis techniques were applied for populating the developed goal programming model. The developed models were implemented through a hierarchical encrypted software which was developed using csharp programming language. The models and software were validated and evaluated using three case studies of one of the major operators in the Nigeria oil and gas industry. The result obtained showed that the developed software would increase efficiency of bid evaluation as it was able to reduce the time required for bid evaluation considerably. The study provides objective estimation of the numerical values of all elements of bid evaluation and ensures that not even the head of the evaluation team could unilaterally manipulate the bid evaluation process so that bidder's selection actually translates to project performance.
Keywords: compressible flow; shock waves; exact fluid flow solution; convergent flow, Mie-Gruneisen
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ISSN: 2141-7016

Editor in Chief.

Prof. Gui Yun Tian
Professor of Sensor Technologies
School of Electrical, Electronic and Computer Engineering
University of Newcastle
United Kingdom

 

 

Copyright © Journal of Emerging Trends in Engineering and Applied Sciences 2010