IDEAS home Printed from https://ideas.repec.org/a/ids/ijpoma/v4y2012i1p75-85.html
   My bibliography  Save this article

Design fee versus construction bid cost: a conceptual model and empirical examination

Author

Listed:
  • Ping Yung

Abstract

Most studies on the relationship between design fees and construction costs suggested that the higher the fees, the lower the construction costs. Such conclusions have been based on the underlying assumption that the grade of project is given. However, normally, this assumption does not hold, a conceptual decision-making model in property development is developed to illustrate the management choice of projects types and grades. The hypothesised result would be that the higher the grade of project, the higher the design fees, and hence, the higher the construction costs. This is tested with real project data from BCIS database compiled by the RICS. The results of multiple regressions confirm our hypothesis.

Suggested Citation

  • Ping Yung, 2012. "Design fee versus construction bid cost: a conceptual model and empirical examination," International Journal of Project Organisation and Management, Inderscience Enterprises Ltd, vol. 4(1), pages 75-85.
  • Handle: RePEc:ids:ijpoma:v:4:y:2012:i:1:p:75-85
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=45365
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijpoma:v:4:y:2012:i:1:p:75-85. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=96 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.