Late Payments for Contractors Working for Bahrain Government Building Construction Projects: Part I (Factors and Consequences of Late Payment)
Journal: International Journal of Science and Research (IJSR) (Vol.7, No. 3)Publication Date: 2018-03-05
Authors : Sahar K. A. Falamarzi; Saad M. A. Suliman;
Page : 688-699
Keywords : Interim payment delay; Variation payment delay; Payment delay; Ministry of Works MoW;
Abstract
The problem of late payment is considered one of the major issues in the construction industry, it is an important issue faced by many countries including Kingdom of Bahrain, and it has many consequences on building construction projects. The main objectives of this research are to identify the factors, consequences of delay in payment and their importance, and to determine solutions to overcome this issue. The main factors, consequences and solutions of payment delay were identified through a questionnaire collected from (104) respondents working in building construction engineering field in both governmental and private sectors. Thereafter, the questionnaire results were analyzed, and the highest ranked factors were identified, and solutions to overcome their consequences were recommended.
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