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Abdul-Aziz, A R (2009) Locational factors and foreign market-entry considerations for Malaysian contractors. Construction Economics and Building, 9(01), 27-36.

Hardie. M and Saha, S (2009) Builders' perceptions of lowest cost procurement and its impact on quality. Construction Economics and Building, 9(01), 1-8.

Jin, X-H (2009) Allocating risks in public-private partnerships using a transaction cost economic approach: a case study. Construction Economics and Building, 9(01), 19-26.

Langston, Y and Langston, C (2009) The inherent building energy-cost relationship: an analysis of thirty Melbourne case studies. Construction Economics and Building, 9(01), 9-18.

Ofori, G and Toor, S (2009) Role of leadership in transforming the profession of quantity surveying. Construction Economics and Building, 9(01), 37-44.

Suriyanon, N and Chovichien, V (2009) Applying conjoint analysis to study attitudes of Thai government organisations. Construction Economics and Building, 9(01), 45-54.

  • Type: Journal Article
  • Keywords: Conjoint analysis; Thailand; contractor rights
  • ISBN/ISSN: 1445-2634
  • URL: https://doi.org/10.5130/AJCEB.v9i1.3014
  • Abstract:
    This article presents the application of choice-based conjoint analysis to analyse the attitude of Thai government organisations towards the restriction of the contractor’s right to claim compensation for unfavourable effects from undesirable events. The analysis reveals that the organisations want to restrict only 6 out of 14 types of the claiming rights that were studied. The right that they want to restrict most is the right to claim for additional direct costs due to force majeure. They are willing to pay between 0.087% - 0.210% of the total project direct cost for restricting each type of contractor right. The total additional cost for restricting all six types of rights that the organisations are willing to pay is 0.882%. The last section of this article applies the knowledge gained from a choice based conjoint analysis experiment to the analysis of the standard contract of the Thai government. The analysis reveals three types of rights where Thai government organisations are willing to forego restrictions, but the present standard contract does not grant such rights.