Kaka, A P and Cheetham, D W (1997) The effect of some tendering and payment strategies on contractors' financial performance. In: Stephenson, P. (ed.) Proceedings of 13th Annual ARCOM Conference, 15-17 September 1997, Cambridge, UK.
Abstract
This paper attempts to assess the effects of cash flow management on the overall profitability of construction companies. It describes a model that has been developed to simulate cash flow forecasting for individual projects. The model contains more than 50 variables but does not relate to a construction programme. This simple model is then modified to simulate the overall financial performance of a construction company by aggregating models of individual contracts. A series of tests evaluated the effects of changes in tendering and payment strategies on the amount of capital needed to run a contracting business.
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Uncontrolled Keywords: | cash flow; contracting; financial planning |
| Date Deposited: | 11 Apr 2025 12:24 |
| Last Modified: | 11 Apr 2025 12:24 |