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Arain, F M and Pheng, L S (2007) Modeling for management of variations in building projects. Engineering, Construction and Architectural Management, 14(05), 420–33.

Bosher, L, Dainty, A, Carrillo, P and Glass, J (2007) Built-in resilience to disasters: a pre-emptive approach. Engineering, Construction and Architectural Management, 14(05), 434–46.

Hassanein, A A G and Khalifa, R A (2007) Financial and operational performance indicators applied to public and private water and wastewater utilities. Engineering, Construction and Architectural Management, 14(05), 479–92.

Nitithamyong, P and Tan, Z (2007) Determinants for effective performance of external project management consultants in Malaysia. Engineering, Construction and Architectural Management, 14(05), 463–78.

Oo, B L, Drew, D and Lo, H-P (2007) Modelling contractors' mark-up behaviour in different construction markets. Engineering, Construction and Architectural Management, 14(05), 447–62.

  • Type: Journal Article
  • Keywords: construction industry; Hong Kong; mathematical modelling; Singapore; tendering
  • ISBN/ISSN: 0969-9988
  • URL: http://www.emeraldinsight.com/10.1108/09699980710780755
  • Abstract:
    Purpose – In order to compete successfully, international contractors need to have an understanding not only of the make-up of the different competitive environments within each country, but also of contractors' competitive behaviour within those environments. Contractors' mark-up decision making in public sector contracting is directly compared in two construction markets – Hong Kong and Singapore. Design/methodology/approach – Regression analysis is used to compare the lowest percentage mark-up in both markets against four mark-up decision factors that fall into two groups – market-environment factors (i.e. number of bidders, market conditions) and project-specific factors (i.e. type and size of project). Data were gathered using a designed bidding experiment. Findings – In line with de Neufville et al.'s “good year-bad year” study, the effect of market conditions was found to be independent of the number of bidders in both markets; contractors' mark-up decreases as the number of bidders increases, with lower mark-up in recession. In addition, this study provides evidence that contractors' mark-up behaviour varies in different markets: Hong Kong contractors' mark-up behaviour is more straightforward, in that only the market-environment factors are significant. However, Singapore contractors' mark-up behaviour is affected by project type in addition to the market-environment factors. Project size was not found to be significant in either market. Originality/value – The empirical findings provide a valuable insight into contractors' mark-up behaviour, especially those contractors intending to bid for jobs in these two internationally renowned construction markets.

Otter, A d and Emmitt, S (2007) oring effectiveness of team communication: Balancing synchronous and asynchronous communication in design teams. Engineering, Construction and Architectural Management, 14(05), 408–19.