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A Study of Payment Issues to Constructors in the Sri Lankan Construction Industry

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dc.contributor.author Francis, M
dc.contributor.author Ramachandra, T
dc.date.accessioned 2022-09-12T07:47:45Z
dc.date.available 2022-09-12T07:47:45Z
dc.date.issued 2014-12
dc.identifier.issn 2012-6301 en_US
dc.identifier.uri http://dl.lib.uom.lk/handle/123/19019
dc.description.abstract Payment issues to main contractors and the subcontractors have been a major concern in the construction industry. This research therefore, investigates the payment issues to constructors in the Sri Lankan construction industry. A survey approach using semi structured interviews was adopted. The research found delayed payments are mostly experienced than incomplete or non-payments. Government funded projects are highly exposed to delayed payments. Final payments are always delayed compared to retention and interim payments. Subcontractors are critically affected than main contractors. The findings indicated that the top three causes of delayed payments are paymaster’s poor financial management, delays in certification by consultants and improper bills from the contractors. The research therefore, recommended that parties need to procure appropriate security measures in the form of having a payment bond from the upper tier, separate form of contract to subcontractors and construction contract act. This would ensure that contractors get paid on time and thereby contribute to the success of the project. en_US
dc.language.iso en en_US
dc.publisher Faculty of Architecture University of Moratuwa en_US
dc.subject Sri Lanka en_US
dc.subject Construction Industry
dc.subject Payment Issues
dc.subject Main Contractor
dc.subject Subcontractor
dc.title A Study of Payment Issues to Constructors in the Sri Lankan Construction Industry en_US
dc.type Article-Full-text en_US
dc.identifier.year 2014 en_US
dc.identifier.journal Research Journal of the Faculty of Architecture en_US
dc.identifier.issue 01 en_US
dc.identifier.volume 06 en_US
dc.identifier.pgnos 145-155 en_US
dc.identifier.email mathushaf@yahoo.com en_US
dc.identifier.email thanuja03@hotmail.com en_US


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