I asked this question in the Wisdom of the Crowd - How should the government award large contracts?
Here are the responses:
33% - Prepare a budget for the project based on expert advice and comparables.
29% - Award to pre-qualified contractors with a good track record
25% - Rely on open tender
13% - Pay more to get better quality and reliability
See the breakdown of the votes and pie chart in
http://www.wisdomofthecrowd.sg/chart.aspx?ID=660
Here are the responses:
33% - Prepare a budget for the project based on expert advice and comparables.
29% - Award to pre-qualified contractors with a good track record
25% - Rely on open tender
13% - Pay more to get better quality and reliability
See the breakdown of the votes and pie chart in
http://www.wisdomofthecrowd.sg/chart.aspx?ID=660
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