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Bernold, L E, Lorenc, S J and Davis, M L (2001) Technological Intervention to Eliminate Back Injury Risks for Nailing. Journal of Construction Engineering and Management, 127(03), 245–50.
Chang, L and Chen, P (2001) BOT Financial Model: Taiwan High Speed Rail Case. Journal of Construction Engineering and Management, 127(03), 214–22.
El-Rayes, K (2001) Object-Oriented Model for Repetitive Construction Scheduling. Journal of Construction Engineering and Management, 127(03), 199–205.
El-Razek, M E A and Basha, I M (2001) Constructability Improvement of Bridges Using Stepping Formwork. Journal of Construction Engineering and Management, 127(03), 206–13.
Hegazy, T and Wassef, N (2001) Cost Optimization in Projects with Repetitive Nonserial Activities. Journal of Construction Engineering and Management, 127(03), 183–91.
Hiyassat, M A S (2001) Applying Modified Minimum Moment Method to Multiple Resource Leveling. Journal of Construction Engineering and Management, 127(03), 192–8.
Kangari, R and Bakheet, M (2001) Construction Surety Bonding. Journal of Construction Engineering and Management, 127(03), 232–8.
- Type: Journal Article
- Keywords:
- ISBN/ISSN: 0733-9364
- URL: https://doi.org/10.1061/(ASCE)0733-9364(2001)127:3(232)
- Abstract:
The qualification process in the construction bond business is very complicated, labor-intensive, and time-consuming. The construction bond underwriting processes contain subjective judgments that require human involvement to reach decisions. Thus, underwriting evaluations are bound to be very difficult, ambiguous, and have potentially great losses. This paper identifies and classifies quantitative and qualitative risk factors impacting construction bond underwriting, to improve the quality of the evaluation analysis and to reduce the highly unstructured environment and the subjectivity of the bond evaluation in underwriting. The methodology provides a systematic information analysis for the heuristic knowledge of the construction surety bonds underwriting process, provides better control over the risk assessment process by providing independent judgments for the major decision factors and an overall judgment for the final contractor's risk assessment decision, and reduces the time and effort required of the current evaluation process to reach a certain decision and to simplify the complicated nature of this process.
Mitropoulos, P and Howell, G (2001) Model for Understanding, Preventing, and Resolving Project Disputes. Journal of Construction Engineering and Management, 127(03), 223–31.
Moua, B and Russell, J S (2001) Comparison of Two Maintainability Programs. Journal of Construction Engineering and Management, 127(03), 239–44.
Oberlender, G D and Trost, S M (2001) Predicting Accuracy of Early Cost Estimates Based on Estimate Quality. Journal of Construction Engineering and Management, 127(03), 173–82.