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Assessment Of Factors Affecting Contractors Tender For Construction Projects In Nigeria
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1.8 LIMITATION OF THE STUDY
The
only limitation faced by the researcher in the course of carrying out
this study was the delay in getting data from the various respondents.
Most respondents were reluctant in filling questionnaires administered
to them due to their busy schedules and nature of their work. The
researcher found it difficult to collect responses from the various
respondents, and this almost hampered the success of this study.
1.9 DEFINITION OF TERMS
Tender:
According to Simmons (2002), a tender refers to an offer (usually by a
contractor or a vendor) to undertake a job or supply goods.
Contract:Â
Erikson (2002) defined Contract as an agreement that creates an
obligation binding upon the parties thereto. The essentials of a
contract are as follows: (1) mutual assent; (2) a legal consideration,
which in most instances need not be pecuniary; (3) parties who have
legal capacity to make a contract; (4) absence of fraud or duress; and
(5) a subject matter that is not illegal or against public policy.
Contractor:
According to Simmons (2002), a contractor refers to an organization or
individual that contract with another organization or individual (the
owner) for the construction of a building, road or other facility.
Construction/Projects:
In the fields of architecture and civil engineering, construction is a
process that consists of the building or assembling of infrastructure.
Far from being a single activity, large scale construction is a feat of
human multitasking. Normally, the job is managed by a project manager,
and supervised by a construction manager, design engineer, construction
engineer or project architect. For the successful execution of a
project, effective planning is essential. Involved with the design and
execution of the infrastructure in question must consider the
environmental impact of the job, the successful scheduling, budgeting,
construction site safety, availability of building materials, logistics,
inconvenience to the public caused by construction delays and bidding,
etc. Marshall (2001)
REFERENCES:
Erikson O. U., (2002) Contract
Planning and development in a Depressed Economy.Unpublished M.Ed.
Dissertation Submitted to Florida University. Florida
Obuji P.I., (2007). Principle and practice of Contract Feasibility Studies In Nigeria(Aba: Springfield publishers, 2006) p.31
Simmons P.K. (2007) Understanding Feasibility and Viability Analysis New York: Westside Publishers
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