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Abdullah, A H, Yaman, S K, Mohammad, H and Hassan, P F (2018) Construction manager’s technical competencies in Malaysian construction projects. Engineering, Construction and Architectural Management, 25(02), 153–77.

Abejide, O S (1997) Solid soilcrete blocks for low-cost buildings: a Nigerian case study. Building Research & Information, 25(02), 115–9.

Alkoc, E and Erbatur, F (1997) Productivity improvement in concreting operations through simulation models. Building Research & Information, 25(02), 82–91.

Arantes, A and Ferreira, L M D (2020) Underlying causes and mitigation measures of delays in construction projects. Journal of Financial Management of Property and Construction , 25(02), 165–81.

Besaiso, H, Fenn, P, Emsley, M and Wright, D (2018) A comparison of the suitability of FIDIC and NEC conditions of contract in Palestine. Engineering, Construction and Architectural Management, 25(02), 241–56.

El-Rasas, T and Marzouk, M (2020) Fuzzy model for assessing delays in Egyptian residential projects. Journal of Financial Management of Property and Construction , 25(02), 225–46.

Enshassi, A (1997) Construction projects and the environment in Palestine. Building Research & Information, 25(02), 111–4.

Forsythe, P J (2007) A conceptual framework for studying customer satisfaction in residential construction. Construction Management and Economics, 25(02), 171–82.

Gavieta, R C (1997) Socio-economic and spatial indicators for household energy for a tropical urban community in urban Manila. Building Research & Information, 25(02), 124–8.

Gavieta, R C and Onate, C E (1997) Building regulations and disaster mitigation: the Philippines. Building Research & Information, 25(02), 120–3.

Giti, D M, K'Akumu, O A and Ondieki, E O (2020) Enhanced role of private sector through public private partnerships in low income urban housing in Kenya. Journal of Financial Management of Property and Construction , 25(02), 293–312.

Graafland, J and Nijhof, A (2007) Transparency, market operation and trust in the Dutch construction industry: an exploratory study. Construction Management and Economics, 25(02), 195–205.

Gunarathna, C, Yang, R J and Fernando, N (2018) Conflicts and management styles in the Sri Lankan commercial building sector. Engineering, Construction and Architectural Management, 25(02), 178–201.

Hua, G B (2007) Applying the strategic alignment model to business and ICT strategies of Singapore's small and medium-sized architecture, engineering and construction enterprises. Construction Management and Economics, 25(02), 157–69.

Jannadi, M O (1997) An effective safety programme for a concrete product manufacturing plant. Building Research & Information, 25(02), 92–100.

Jolly Cyril, E and Singla, H K (2020) Comparative analysis of profitability of real estate, industrial construction and infrastructure firms: evidence from India. Journal of Financial Management of Property and Construction , 25(02), 273–91.

Kavishe, N, Jefferson, I and Chileshe, N (2018) An analysis of the delivery challenges influencing public-private partnership in housing projects. Engineering, Construction and Architectural Management, 25(02), 202–40.

Leung, M-Y and Chan, H K L (2007) Antecedents of commitment in construction management. Construction Management and Economics, 25(02), 113–27.

Li, H (1997) Determinants of knowledge-based expert system success in construction engineering. Building Research & Information, 25(02), 101–6.

Liu, J, Lin, S and Feng, Y (2018) Understanding why Chinese contractors are not willing to purchase construction insurance. Engineering, Construction and Architectural Management, 25(02), 257–72.

Loffler, M (1997) Foamglass as spacer in multiple-glazing. Building Research & Information, 25(02), 107–10.

Lu, X and Davis, S (2018) Priming effects on safety decisions in a virtual construction simulator. Engineering, Construction and Architectural Management, 25(02), 273–94.

McCord, M (2020) An exploratory investigation into the relationship between energy performance certificates and sales price: a polytomous universal model approach. Journal of Financial Management of Property and Construction , 25(02), 247–71.

Pan, W, Gibb, A G F and Dainty, A R J (2007) Perspectives of UK housebuilders on the use of offsite modern methods of construction. Construction Management and Economics, 25(02), 183–94.

Pheng, L S and Tan, S K L (1997) The measurement of just in time wastage for a public housing project in Singapore. Building Research & Information, 25(02), 67–81.

Radosavljevic, M and Horner, M (2007) Process planning methodology: dynamic short-term planning for off-site construction in Slovenia. Construction Management and Economics, 25(02), 143–56.

Sa'eed, A, Gambo, N, Inuwa, I I and Musonda, I (2020) Effects of financial management practices on technical performance of building contractors in northeast Nigeria. Journal of Financial Management of Property and Construction , 25(02), 201–23.

• Type: Journal Article
• Keywords: Performance; Nigeria; Technical; Contractors; Financial management practices;
• ISBN/ISSN: 1366-4387
• URL: https://doi.org/10.1108/JFMPC-07-2019-0064
• Abstract:
  The purpose of this study is to assess the effects of financial management practices of small-scale building contractors on the technical performance of the contractors in the northern part of Nigeria with international best practices. Previous studies argued that the technical performance of small-scale building contractors in developing countries is poor because of insufficient cash to acquire strategic resources at the outset of a project. This continues to pose a challenge to the sustainable development of the construction industry, particularly in developing countries like Nigeria. There is, therefore, a need to identify, assess and compare the effects of financial practices of the contractors with technical performance best practices.

  The technical performance of each contractor was evaluated using a five-point Likert scale. This is used to obtain the mean technical performance levels of the contractors. A questionnaire survey was administered to the professionals in the industry who were selected by using a proportionate stratified random sampling technique. The contractors’ performance was compared using ANOVA with post hoc, and the effects of contractors’ financial management practices were determined using multiple regression analysis.

  The results of this study indicated that the contractors in Nigeria were average technical performers and there were large effects of financial management practices on the technical performance of contractors in building projects.

  This study is limited to small-scale building contractors in northeast Nigeria. One of the implications of this study is that it provides the criteria for an evaluation of small-scale building contractors’ technical performance in Nigeria and other developing countries that faced similar problems.

  The practical implications of this study are that it establishes the current level of contractors' technical performance and serves as an awareness of contractors' current financial practices.

  This study created bases for self-evaluation of contractors’ technical performance and competition among small-scale contractors in Nigeria for the enhancement of productivity particularly in rural areas for national development.

  This study emanated from the government reports and past studies in the area of performance management based on the persistence of poor technical performance of small-scale contractors in the construction industry.

Trigunarsyah, B (2007) Project designers' role in improving constructability of Indonesian construction projects. Construction Management and Economics, 25(02), 207–15.

Wang, C-H, Tsai, C-C and Cheng, Y-Y (2007) Knowledge-based diagnosis model for PCM executing problems in public construction. Construction Management and Economics, 25(02), 129–42.

Wesz, J G B, Formoso, C T and Tzortzopoulos, P (2018) Planning and controlling design in engineered-to-order prefabricated building systems. Engineering, Construction and Architectural Management, 25(02), 134–52.

Zhang, Z, Koh, Z Y and Ling, F (2020) Benchmarking contractors’ financial performance: case study of Singapore. Journal of Financial Management of Property and Construction , 25(02), 183–99.