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Abdul Nabi, M and El-adaway, I H (2022) Understanding Disputes in Modular Construction Projects: Key Common Causes and Their Associations. Journal of Construction Engineering and Management, 148(01).

Asghari, V and Hsu, S (2022) Upscaling Complex Project-Level Infrastructure Intervention Planning to Network Assets. Journal of Construction Engineering and Management, 148(01).

Ayinla, K, Cheung, F and Skitmore, M (2022) Process Waste Analysis for Offsite Production Methods for House Construction: A Case Study of Factory Wall Panel Production. Journal of Construction Engineering and Management, 148(01).

Criado-Perez, C, Shinkle, G A, Höllerer, M A, Sharma, A, Collins, C, Gardner, N, Hank Haeusler, M and Pan, S (2022) Digital Transformation in the Australian AEC Industry: Prevailing Issues and Prospective Leadership Thinking. Journal of Construction Engineering and Management, 148(01).

Gao, H, Zhong, B, Luo, H and Chen, W (2022) Computational Geometric Approach for BIM Semantic Enrichment to Support Automated Underground Garage Compliance Checking. Journal of Construction Engineering and Management, 148(01).

Gilani, G, Pons, O and de la Fuente, A (2022) Sustainability-Oriented Approach to Assist Decision Makers in Building Facade Management. Journal of Construction Engineering and Management, 148(01).

Hosseinian, S M, Andalib, M and Carmichael, D G (2022) Appropriate Types of Payments in Construction Contracts Based on Agency Theory Parameters. Journal of Construction Engineering and Management, 148(01).

  • Type: Journal Article
  • Keywords: Contract; Payment; Agency theory; Construction;
  • ISBN/ISSN: 0733-9364
  • URL: https://doi.org/10.1061/(ASCE)CO.1943-7862.0002228
  • Abstract:
    Choosing between different compensation strategies is one of the major concerns of owners in construction contracts. This paper is aimed at examining the choice between behavior-based and outcome-based payment types through the views of practitioners from construction projects with variables defined by agency theory. The study adopts the analysis of data through the Delphi technique supported by factor analysis and multinomial logistic regressions to test the paper hypotheses. The paper shows that in projects with a high level of contractor risk aversion, outcome uncertainty, task programmability, and information systems, cost-plus-fee payment is more attractive than lump-sum payment. Conversely, the paper shows that in projects with a high level of goal conflict and outcome measurability, lump-sum payment is more attractive than cost-plus-fee payment. The results demonstrate the practical usefulness of agency theory in the arena of construction management. The contribution of this paper lies in providing insights into choosing an appropriate contract payment type based on agency theory parameters.

Hu, Y, Liu, M, Le, Y and Skitmore, M (2022) External Consultant Involvement for Organizational Capability Building in Complex Construction Projects: A Perspective from Interorganizational Learning Process. Journal of Construction Engineering and Management, 148(01).

Li, Y and Chen, J (2022) Computer Vision–Based Counting Model for Dense Steel Pipe on Construction Sites. Journal of Construction Engineering and Management, 148(01).

Lin, C, Chih, Y and Tsay, Y (2022) Determinants of the Adoption of Green Building Simulation Technologies in Architectural Design Practices in Taiwan. Journal of Construction Engineering and Management, 148(01).

Ma, Q, Li, S and Cheung, S O (2022) Unveiling Embedded Risks in Integrated Project Delivery. Journal of Construction Engineering and Management, 148(01).

Mustaffa, N K (2022) Alternative Configurations of Earthmoving Loading Practices toward Emissions Reduction. Journal of Construction Engineering and Management, 148(01).

Pérez, D, Lagos, C and Fernando Alarcón, L (2022) Key Last Planner System Metrics to Assess Project Performance in High-Rise Building and Industrial Construction Projects. Journal of Construction Engineering and Management, 148(01).

Shrestha, K and Shrestha, P P (2022) Framework to Implement Performance-Based Contracting for Chip-Seal Road Maintenance. Journal of Construction Engineering and Management, 148(01).

Vithanage, S C, Sing, M C P, Davis, P and Newaz, M T (2022) Assessing the Off-Site Manufacturing Workers’ Influence on Safety Performance: A Bayesian Network Approach. Journal of Construction Engineering and Management, 148(01).

Ye, M, Lu, W and Xue, F (2022) Impact of Institutional Distance on Environmental and Social Practices in Host Countries: Evidence from International Construction Companies. Journal of Construction Engineering and Management, 148(01).

Yevu, S K, Yu, A T W, Nani, G, Darko, A and Tetteh, M O (2022) Electronic Procurement Systems Adoption in Construction Procurement: A Global Survey on the Barriers and Strategies from the Developed and Developing Economies. Journal of Construction Engineering and Management, 148(01).