Factors affecting a contractor's mark-up size decision in Saudi Arabia

Shash, Ali A.; Abdul-Hadi, Nader Husni

doi:10.1080/01446199200000039

Cited by 54 publications

(34 citation statements)

References 27 publications

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“…Moselhi et al [12] developed a decision support system, which was for correct bid mark-up estimation. Studies were also conducted for Saudi Arabia contractors [13,14]. Shash [15] identified 55 factors that characterize bidding decision in the UK.…”

Section: Literature Surveymentioning

confidence: 99%

A framework for contractors to reach strategically correct bid/no bid and mark-up size decisions

Egemen

Mohamed

2007

Building and Environment

107

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Section: Literature Surveymentioning

confidence: 99%

A framework for contractors to reach strategically correct bid/no bid and mark-up size decisions

Egemen

Mohamed

2007

Building and Environment

107

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“…The present study has examined the impact of contractor size on their attitudes towards the factors in uencing bid mark-up decisions in Singapore's construction industry. Ahmad and Minkarah (1988), Shash and Abdul-Hadi (1992) and Shash (1993) suggested that a thorough investigation of the underlying factors affecting the bid/no bid decision and bid mark-up decision is essential before attempting to develop a realistic bidding strategy. Lifson and Shaifer (1982) argued that knowing the importance of the factors in uencing the decision-making process would allow key and major decisions to be reviewed and discussed regularly.…”

Section: Introductionmentioning

confidence: 98%

The factors influencing bid mark-up decisions of large- and medium-size contractors in Singapore

Dulaimi¹,

Shan²

2002

Construction Management and Economics

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The construction industry in Singapore is dominated by a competitive business environment that is being driven by a lowest cost mentality. The pressure on contractors' profit margins has further increased after a prolonged recession in this sector, which has seen construction demand and output shrinking significantly. This paper examines the factors that contractors perceive to be important when they are considering the size of their bid mark-up. The research hypothesis is that contractor size would have a significant bearing on the factors that would influence the bid mark-up decision. Forty factors were identified and a survey was conducted. The results showed that contractor size has a significant impact on their attitude towards bid mark-up decision-making. The analysis also showed that when deciding the size of a bid mark-up large contractors tend to be more concerned with the nature of the construction work while medium-size contractors are more concerned about the state of their own companies finance.Mark-UP, Tendering, Singapore, Contractor Size, Procurement,

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“…While Rowland (1981) found that cost overrun rates increased with increase in the contract amount of construction projects from a study of Southern United States construction contracts. Shash and Abdulhadi (1992) have identified the factors affecting the accuracy of cost estimating in construction projects in Saudi Arabia. They found that the project characteristics are main affecting factors in cost deviation in construction projects.…”

Section: Literature Reviewmentioning

confidence: 99%

Effects of project’s physical characteristics on cost deviation in road construction

Mahamid

2013

Journal of King Saud University - Engineering Sciences

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This study is conducted to investigate the effect of projects' physical characteristics on cost deviation in road construction using data from road construction projects awarded in the West Bank -Palestine over the years 2007-2010. The study is based on a sample of 74 road construction projects. Based on these data, regression models are developed. A questionnaire survey is also conducted to determine the impact of projects' physical characteristics on cost deviation in road construction. The questionnaire survey included 14 owners, 30 contractors, and 25 consultants. The considered characteristics are: project size (i.e. small, medium, and large), estimated cost, road length, road width, terrain conditions, soil and rock suitability, and soil and rock drill ability. The results reveal that the average of cost deviation in road construction is 16.73%, ranging from À20.33% to 56.01%. The correlation between cost deviation in road construction projects and the above mentioned parameters is investigated.

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Factors affecting a contractor's mark-up size decision in Saudi Arabia

Cited by 54 publications

References 27 publications

A framework for contractors to reach strategically correct bid/no bid and mark-up size decisions

A framework for contractors to reach strategically correct bid/no bid and mark-up size decisions

The factors influencing bid mark-up decisions of large- and medium-size contractors in Singapore

Effects of project’s physical characteristics on cost deviation in road construction

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