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Competitive Tendering Strategies in the Bus Industry
Authors:Alan Mercer  Ding Tielin
Institution:1.Lancaster University,UK;2.Beijing Shipbuilding Management Institute,China
Abstract:School bus services within the UK are subsidised by the local Passenger Transport Executive and bus operators tender for the contracts, with the lowest price normally winning. Analysis of the bids in one district showed that the companies had pricing strategies, which could be estimated from freely available data when they were simple. The difficulties arose when competitors segmented the market.
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