Perceptions and management of the risks in tendering for refurbishment work

Quah, Lee Kiang

Perceptions and management of the risks in tendering for refurbishment work - 1991 - Building Research and Information 19(6) November/ December 1991, 356-359(4) .

Difficulties in the rapidly increasing refurbishment sector, such as the lack of drawings, hidden extent of damage, and presence of tenants in occupation, combine to creat a climate of greater risk which is reflected in higher tender bids than those for new build projects. This article reports the conclusions of a survey which sets out to test the premise of higher risk.


REHABILITATION
RISK
TENDER BIDS