Abstract
This paper describes a proposal on a new technique that enables the appropriate and practical bidding decision, before submitting the proposal to participate in the bidding for a large-scale international infrastructure project. Such technique has been required and demanded by potential bidders in order to improve the recent trend that Japanese companies given up in participating in the international infrastructure projects in spite of opportunities for Japanese companies to extend their business in highly potential overseas market. Specifically, we have established a comprehensive check list of risk assessment for international infrastructure projects, by reference to one of leading Japanese consultants who has participated in a number of overseas infrastructure projects and has extensive experiences in designing, bidding management and project/construction management. Furthermore, we have conducted a post-evaluation with realistic assumptions, for the construction project of Airport Rail Link (ARL) in Bangkok, Thailand, which was carried out through an international competitive bidding ICB process with participants from international companies. Based on the results of evaluation and assessment, we have concluded the validity of the check list with suggestion for further improvement of the evaluation method.
