Please use this identifier to cite or link to this item: https://doi.org/10.1061/(ASCE)EI.1943-5541.0000167
Title: Driving forces behind and barriers to relational transaction practices in public construction projects
Authors: Ning, Y.
Ling, F.Y.Y. 
Teo, A.C.Y. 
Keywords: Barriers
Drivers
Public projects
Relational transactions
Singapore
Issue Date: Jan-2014
Citation: Ning, Y., Ling, F.Y.Y., Teo, A.C.Y. (2014-01). Driving forces behind and barriers to relational transaction practices in public construction projects. Journal of Professional Issues in Engineering Education and Practice 140 (1) : -. ScholarBank@NUS Repository. https://doi.org/10.1061/(ASCE)EI.1943-5541.0000167
Abstract: Relational transactions, comprising relational contracts and network strategies, could contribute to better outcomes for general construction projects. However, public projects seem to face more constraints when adopting relational transactions because of the fear that close relationships may be construed as corruption. The aim of this study is to identify drivers of and barriers to relational transaction practices in public projects. A questionnaire-based survey of public projects was administered to construction professionals in Singapore. It is found that the adoption of relational transactions in public projects is motivated by (1) increased value proposition, (2) improved business competitiveness, and (3) improved project time and cost performance. Meanwhile, contracting parties attempting to adopt relational transactions are restricted by (1) a lack of capabilities, (2) ethos of public service, (3) a lack of continuity, and (4) institutional constraints. The implication is that with a better appreciation of the drivers and barriers, contracting parties could customize effective relational transaction strategies in public projects. It is recommended that contracting parties pay more attention to the institutional environment, as this affects the effectiveness of relational transactions. © 2014 American Society of Civil Engineers.
Source Title: Journal of Professional Issues in Engineering Education and Practice
URI: http://scholarbank.nus.edu.sg/handle/10635/113950
ISSN: 10523928
DOI: 10.1061/(ASCE)EI.1943-5541.0000167
Appears in Collections:Staff Publications

Show full item record
Files in This Item:
There are no files associated with this item.

SCOPUSTM   
Citations

3
checked on Jun 20, 2018

WEB OF SCIENCETM
Citations

1
checked on Jun 20, 2018

Page view(s)

56
checked on Feb 25, 2018

Google ScholarTM

Check

Altmetric


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.