Ibbs, C W and Ashley, D B (1987) Impact of various construction contract clauses. Journal of Construction Engineering and Management, 113(3), pp. 501-521. ISSN 0733-9364
Abstract
Construction contract types and general condition clauses have a major influence on the likelihood and degree of project success. A comprehensive empirical study was conducted for 36 very large capital construction projects completed within the past three years to assess such impacts. Two general contract types (cost reimbursible and fixed price) and 96 clauses were carefully analyzed for impacts on six measures of project performance: cost, schedule, quality, safety, and owner and contractor satisfaction. The clauses bearing most heavily on project performance are identified, and the key elements of those clauses that are most crucial to project success are discussed in detail. Other contract administration concepts such as risk allocation, respective views of owners and contractors, and incentive provisions are factually and thoroughly discussed.
| Item Type: | Article |
|---|---|
| Index terms: | construction project, empirical study, construction contract, project performance, risk allocation, contract administration, satisfaction, project success, owner |
| Subjects: | sociology, research methods, financial risk, contract management, project management theory and practice, production management, project delivery, contract type |
| Topics: | Contract Administration, Stakeholder Management, Procurement, Cost Management, Project Management, Research Practice |
| Descriptive scope: | 3 PCA |
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