Late payment problems among contractors in Malaysia

Late payment to contractors is a common cause of disputes in the construction industry all over the world. Although there has been a remarkable progress in Malaysia’s construction industry in the recent years, problems arising from payment issues are getting more serious. The rapid increase of the...

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Main Author: Mohd. Nazir, Noor Zarina
Format: Thesis
Language:English
Published: 2006
Subjects:
Online Access:http://eprints.utm.my/5431/
http://eprints.utm.my/5431/1/NoorZarinaMohdNazirMFKA2006.pdf
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author Mohd. Nazir, Noor Zarina
author_facet Mohd. Nazir, Noor Zarina
author_sort Mohd. Nazir, Noor Zarina
building UTeM Institutional Repository
collection Online Access
description Late payment to contractors is a common cause of disputes in the construction industry all over the world. Although there has been a remarkable progress in Malaysia’s construction industry in the recent years, problems arising from payment issues are getting more serious. The rapid increase of the late payment issues nowadays has gone to the point that it tends to decrease the good image of construction industry in Malaysia. The aims of this study is to investigate the consequence of the late payments problems confronted by contractors in Malaysia and to proposed strategic actions that could be taken by the contractors in securing their payments. The methodology adopted was through literature search and questionnaire surveys. This study was limited to contractors within Malaysia. Frequency and average index analysis was used to analyze the data collected. Results of the survey indicate that the main factors of late payments problems come from the clients-related category. Impact of late payment that has the highest index was the negative relationship it created between developers and contractors. The last section of analysis indicated that most contractors choose to do a follow up using formal procedure in the case of late payment. In conclusion, it is hoped that these findings will guide effort to improve the payments problems of the Malaysia construction industry, and will be useful to draft a better way in seeking right for the contractors in getting payment on the stipulated time.
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spelling utm-54312018-03-07T21:00:47Z http://eprints.utm.my/5431/ Late payment problems among contractors in Malaysia Mohd. Nazir, Noor Zarina HD28 Management. Industrial Management TA Engineering (General). Civil engineering (General) Late payment to contractors is a common cause of disputes in the construction industry all over the world. Although there has been a remarkable progress in Malaysia’s construction industry in the recent years, problems arising from payment issues are getting more serious. The rapid increase of the late payment issues nowadays has gone to the point that it tends to decrease the good image of construction industry in Malaysia. The aims of this study is to investigate the consequence of the late payments problems confronted by contractors in Malaysia and to proposed strategic actions that could be taken by the contractors in securing their payments. The methodology adopted was through literature search and questionnaire surveys. This study was limited to contractors within Malaysia. Frequency and average index analysis was used to analyze the data collected. Results of the survey indicate that the main factors of late payments problems come from the clients-related category. Impact of late payment that has the highest index was the negative relationship it created between developers and contractors. The last section of analysis indicated that most contractors choose to do a follow up using formal procedure in the case of late payment. In conclusion, it is hoped that these findings will guide effort to improve the payments problems of the Malaysia construction industry, and will be useful to draft a better way in seeking right for the contractors in getting payment on the stipulated time. 2006-11 Thesis NonPeerReviewed application/pdf en http://eprints.utm.my/5431/1/NoorZarinaMohdNazirMFKA2006.pdf Mohd. Nazir, Noor Zarina (2006) Late payment problems among contractors in Malaysia. Masters thesis, Universiti Teknologi Malaysia, Faculty of Civil Engineering.
spellingShingle HD28 Management. Industrial Management
TA Engineering (General). Civil engineering (General)
Mohd. Nazir, Noor Zarina
Late payment problems among contractors in Malaysia
title Late payment problems among contractors in Malaysia
title_full Late payment problems among contractors in Malaysia
title_fullStr Late payment problems among contractors in Malaysia
title_full_unstemmed Late payment problems among contractors in Malaysia
title_short Late payment problems among contractors in Malaysia
title_sort late payment problems among contractors in malaysia
topic HD28 Management. Industrial Management
TA Engineering (General). Civil engineering (General)
url http://eprints.utm.my/5431/
http://eprints.utm.my/5431/1/NoorZarinaMohdNazirMFKA2006.pdf