TITLE:
Evaluating the Factors Affecting Contractors Tender for Project Construction: An Empirical Study of Small Scale Indigenous Contractors in Awka, Nigeria
AUTHORS:
Chidiebube Emmanuel Obodo, Zhenan Xie, Benjamin Blandful Cobbinah, Kate Dazagbyilo Yakubu Yari
KEYWORDS:
Project Construction, Tender, Indigenous Contractors Awka-Anambra State
JOURNAL NAME:
Open Journal of Social Sciences,
Vol.9 No.7,
July
26,
2021
ABSTRACT: In Nigeria and other countries’ economies, small scale indigenous contractors perform a vital role that significantly impacts economic stability. The
small-scale indigenous contractors contribute prominently to the economy
by creating more noteworthy work openings, making higher creation volumes,
growing conveys, and introducing
progression and business capacities in the construction industry. In this
research study, a total sample of 250 was used out of 400 small-scale
indigenous contractors and other professionals in the construction industry in
Awka, Anambra State, Nigeria. Data for the study were generated using a
questionnaire, and the collection instrument was validated and endorsed by
different professionals in the construction industry before being administered
to the respondents. In this study, primary data was generated to evaluate the
factors affecting small-scale indigenous contractors in Awka, Anambra State,
Nigeria. Different strategies were used to obtain the resulting outcome, which
includes regression analysis, ANOVA (Analysis of variance), and descriptive
statistics to analyze the relationship between the factors affecting the
determinants of the construction project (Companys’ strength, project risk, and
Competition) and the contractors’ decision to bid. The analysis showed that the
company’s strength, project risk, and competition all positively affect the
determination of the slight indigenous contraction’s willingness to bid for
contracts in Awka, Anambra State, Nigeria. The study showed that the company’s
strength, project risk, and competition positively impact the contactor’s
decision to tender for construction projects. This research analyzed and
ascertained enough data and information to prove the essential factors
influencing small-scale indigenous contractors’ decision to tender for
construction contracts. The researcher recommends that contractors should
execute the projects or works being handled by them promptly and efficiently,
within the required time frame to which can reduce competition from another
contractor to use that as an advantage for competition.