THE ROLE OF LEGAL ASSESSMENT ON TENDER OF CONTRACTS IN NIGERIA
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
Companies must have the capability to deal with various tendering situations successfully in today’s highly competitive construction market. The first step that the companies need to consider is whether to tender or not to tender when they received a tender invitation. The contractors’ decision is affected by various factors and influences. This decision is highly reliant to the specific project and the macro environment. It is difficult to make this crucial decision in a short time frame by the management team. This research is looked at the factors affecting the tender/ no tender decision making and the focus group was on the contractors in Abuja region. Data were collected for by carrying out a face to face structured interview format, incorporating a questionnaire with eight participants. Through the course of the interview, both quantitative and qualitative questions were asked. “Experience and familiarity of your firm with this specific type of work”, “Possible contribution in building long-term relationships with other key parties” and “Current financial capability of the client” were the top 3 most important factors identified by the participants. There are many differences between the contractors’ opinion for the tender/ no tender decision. the contractors have very similar responses about important factors affecting tender/ no tender decision. By contrast, every d contractor has nearly every different individual comment on most important factors. It is seen that d contractors have stronger individual business strategy. In comparison to the literature, it was apparent that the tender/ no tender decision making is very dependent on the location the contractors are. The Marco environment is a very big influence driver for contractors’ decisions. So, it is important that the different construction contractors should not use one standard to make the tender/ no tender decision for projects in different countries.
Related Project Materials
BRANDING AS A TOOL FOR INCREASING SALES VOLUME OF AN ORGANIZATION
ABSTRACT
This study was carried out to find out the impact of branding as a tool to increase sales volu...
EXPLORING THE ROLE OF EARLY CHILDHOOD EDUCATION IN DEVELOPING GLOBAL COMPETENCIES
ABSTRACT: Exploring the role of early childhood education in developing gl...
MACROINVERTEBRATE DIVERSITY AND WATER QUALITY PATTERN OF A MUNICIPAL STREAM IN DOKO DISTRICT, NIGER STATE, NIGERIA
Abstract
Macroinvertebrates organisms form significant part of an aquatic ecosystem which are of ecological and economic importance becau...
PROJECT FINANCING: CHALLENGES AND THE WAY FORWARD.
ABSTRACT
Project transport represents a dominant force in the transpo...
MODIFICATION OF SURFACE, PHYSICAL AND CHEMICAL PROPERTIES OF ACTIVATED CARBONS FOR WATER PURIFICATION
ABSTRACT
The purpose of this work was to study the effect of chemical...
MANAGEMENT ACCOUNTING TECHNIQUES: A TOOL FOR DECISION MAKING IN AN ORGANIZATION
ABSTRACT
This study was undertaken to examine management accounting techniques as a tool for decision making in manageme...
ASSESSMENT OF GENETIC STRUCTURE OF CLARIAS GARIEPINUS, BURCHELL, 1822 POPULATION IN ASEJIRE LAKE
Abstract
Wild brood-stock is a major genetic reservoir for sustainable culture of Clarias gariepinus. This has been observed to be declin...
THE IMPACT OF INFLATION ON THE BUSINESS ENVIRONMENT
ABSTRACT: THE IMPACT OF INFLATION ON THE BUSINESS ENVIRONMENT
This study aims to: 1) e...
INFLUENCE OF INADEQUATE INFORMATION TECHNOLOGY ON ACADEMIC PERFORMANCE OF OTM STUDENTS (A CASE STUDY OF FEDERAL POLYTECHNIC, EDE)
ABSTRACT
This study was carried out to examine the influence of inadequate information technology on academic performanc...
IMPACTS OF CHRISTIANITY IN NNEWI
ABSTRACT
Christianity as a religion has affected all spheres of life among the people of Nigeria...
