Factors Influencing Success Rate of Contractors in Competitive Bidding for Construction Works in South-East, Nigeria
The focal point of this study was to assess the perspectives of construction professionals on factors influencing tender prices of construction works and the contribution of the factors to the success rate of contractors. Using literature review and questionnaire survey, 15 factors were identifie...
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Online Access: | http://eprints.usm.my/41441/1/JCDC_21%281%29_2016-Art._2_%2819-34%29.pdf http://eprints.usm.my/41441/ http://web.usm.my/jcdc/vol21_1_2016/JCDC%2021(1)%202016-Art.%202%20(19-34).pdf |
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my.usm.eprints.41441 http://eprints.usm.my/41441/ Factors Influencing Success Rate of Contractors in Competitive Bidding for Construction Works in South-East, Nigeria Aje, Isaac Olaniyi Oladinrin, Timo Olugbenga Nwaole, Angeline Ngozika Chibuike TH1-9745 Building construction The focal point of this study was to assess the perspectives of construction professionals on factors influencing tender prices of construction works and the contribution of the factors to the success rate of contractors. Using literature review and questionnaire survey, 15 factors were identified in respect to contractors' tender price and success rate in Nigeria. The findings of this study based on the results of statistical analyses (mean score and chi-square) reveal that all the construction professionals (architects, builders, engineers and quantity surveyors) are of the opinion that material availability, labour productivity and level of profit are the most significant factors that highly influence tender price of construction works and consequently affect the success rate of contractors in competitive bidding. Project definition and construction plan have least influence on contractors' tender price. Also, it was found that government policy does not have significant effect on contractors' success rate in competitive bidding in Nigeria. It is hoped that the information presented in this paper will be of interest to all parties concerned, including Nigerian construction companies and foreign companies planning to enter the Nigerian construction market. In addition, while the research focused on a particular country, Nigeria, the study can be replicated in other countries particularly developing countries and the results can be compared. Penerbit Universiti Sains Malaysia 2016 Article PeerReviewed application/pdf en http://eprints.usm.my/41441/1/JCDC_21%281%29_2016-Art._2_%2819-34%29.pdf Aje, Isaac Olaniyi and Oladinrin, Timo Olugbenga and Nwaole, Angeline Ngozika Chibuike (2016) Factors Influencing Success Rate of Contractors in Competitive Bidding for Construction Works in South-East, Nigeria. Journal of Construction in Developing Countries , 21 (1). pp. 19-34. ISSN 1823-6499 http://web.usm.my/jcdc/vol21_1_2016/JCDC%2021(1)%202016-Art.%202%20(19-34).pdf |
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TH1-9745 Building construction Aje, Isaac Olaniyi Oladinrin, Timo Olugbenga Nwaole, Angeline Ngozika Chibuike Factors Influencing Success Rate of Contractors in Competitive Bidding for Construction Works in South-East, Nigeria |
description |
The focal point of this study was to assess the perspectives of construction
professionals on factors influencing tender prices of construction works and the contribution
of the factors to the success rate of contractors. Using literature review and questionnaire
survey, 15 factors were identified in respect to contractors' tender price and success rate in
Nigeria. The findings of this study based on the results of statistical analyses (mean score and
chi-square) reveal that all the construction professionals (architects, builders, engineers and
quantity surveyors) are of the opinion that material availability, labour productivity and level
of profit are the most significant factors that highly influence tender price of construction
works and consequently affect the success rate of contractors in competitive bidding.
Project definition and construction plan have least influence on contractors' tender price.
Also, it was found that government policy does not have significant effect on contractors'
success rate in competitive bidding in Nigeria. It is hoped that the information presented in
this paper will be of interest to all parties concerned, including Nigerian construction
companies and foreign companies planning to enter the Nigerian construction market. In
addition, while the research focused on a particular country, Nigeria, the study can be
replicated in other countries particularly developing countries and the results can be
compared. |
format |
Article |
author |
Aje, Isaac Olaniyi Oladinrin, Timo Olugbenga Nwaole, Angeline Ngozika Chibuike |
author_facet |
Aje, Isaac Olaniyi Oladinrin, Timo Olugbenga Nwaole, Angeline Ngozika Chibuike |
author_sort |
Aje, Isaac Olaniyi |
title |
Factors Influencing Success Rate of Contractors in Competitive
Bidding for Construction Works in South-East, Nigeria |
title_short |
Factors Influencing Success Rate of Contractors in Competitive
Bidding for Construction Works in South-East, Nigeria |
title_full |
Factors Influencing Success Rate of Contractors in Competitive
Bidding for Construction Works in South-East, Nigeria |
title_fullStr |
Factors Influencing Success Rate of Contractors in Competitive
Bidding for Construction Works in South-East, Nigeria |
title_full_unstemmed |
Factors Influencing Success Rate of Contractors in Competitive
Bidding for Construction Works in South-East, Nigeria |
title_sort |
factors influencing success rate of contractors in competitive
bidding for construction works in south-east, nigeria |
publisher |
Penerbit Universiti Sains Malaysia |
publishDate |
2016 |
url |
http://eprints.usm.my/41441/1/JCDC_21%281%29_2016-Art._2_%2819-34%29.pdf http://eprints.usm.my/41441/ http://web.usm.my/jcdc/vol21_1_2016/JCDC%2021(1)%202016-Art.%202%20(19-34).pdf |
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1643710222872608768 |
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13.18916 |