Teo, E A L and Feng, Y (2011) Costs of construction accidents to Singapore contractors. International Journal of Construction Management, 11(3), pp. 79-92. ISSN 1562-3599
Abstract
Occupational accidents may incur considerable financial losses for companies. The purpose of this study was to investigate the financial losses incurred by building contractors in Singapore due to construction accidents. A questionnaire survey was used to collect data for this study. The results show that the average insured accident costs, average uninsured accident costs and average total accident costs account for 0.15%, 0.1% and 0.25% of the contract sum of a project, respectively. The ratio between insured and uninsured accident costs for building projects was found to be 1.5:1. Furthermore, company size, project size, and percentage of work completed by subcontractors were found to have impact on the size of uninsured costs of accidents. In light of this study, Singapore contractors may be more conscious about the financial implications of construction accidents, which would in turn motivate contractors to prevent construction accidents.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | accident; construction; cost; safety; Singapore |
| Index terms: | survey, subcontractor, questionnaire, construction accident, Singapore, building contractor, occupational accident |
| Subjects: | health risk and incident analysis, Geography, occupational health and safety management, data collection methods, practitioner |
| Topics: | Health and Safety, Geographical Context, Research Practice, Roles and Professions |
| Descriptive scope: | 4 PCEA |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here