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Full-Text Articles in Engineering
Effects Of Supplemental Bid Documentation, Alexis M. Bynum
Effects Of Supplemental Bid Documentation, Alexis M. Bynum
Construction Management
As the complexity of construction projects increases, more work is being subcontracted out by general contractors who oversee the construction of the project. Research suggests that a variety of factors are impacting subcontractors when putting together a bid. These factors were considered in determining a proposed solution for simplifying the bid process. This case study attempts to analyze the bidding process of construction projects in order to improve the accuracy of bids. Traditionally, bid documents include plans and specifications. This study analyzes the effects of adding a scope of work, as ascertained by the general contractor for each trade, to …
Confronting Retainage And Its Disruptive Effects On The Business Practices Of Commercial Concrete Subcontractors, Arlen Karl Hartoonian
Confronting Retainage And Its Disruptive Effects On The Business Practices Of Commercial Concrete Subcontractors, Arlen Karl Hartoonian
Construction Management
This paper aims to explore the extent of the damage that retainage is capable of inflicting on the financial health of commercial concrete subcontractors and strategies which can be utilized to mitigate or avoid damage to their financial health. The methodology implemented to conduct this exploration is a series of interviews with commercial concrete subcontractors. An analysis of these interviews in conjunction with a thorough literature review demonstrates that retainage does indeed impact financial health of commercial concrete subcontractor though the scale of the operation does make a difference in the severity of this impact. Whether or not the construction …