Have a personal or library account? Click to login
Exploratory Analysis of Securities and Contractors’ All Risk Insurance Implementation in the Construction Industry of Zambia Cover

Exploratory Analysis of Securities and Contractors’ All Risk Insurance Implementation in the Construction Industry of Zambia

Open Access
|Dec 2023

References

  1. Babu, A., & Kachana, S. (2014). Role of insurance in construction and infrastructure projects. International Journal of Civil Engineering and Technology, 5(12), 206–210. https://iaeme.com/MasterAdmin/Journal_uploads/IJCIET/VOLUME_5_ISSUE_12/IJCIET_05_12_023.pdf
  2. Cantor, M. (2020, March 8). Insurance for building designing and construction. Designing building wiki.
  3. Chileshe, N., & Kiwasi, G. J. (2013). Perception of barrier to implementing risk assessment and management practice by construction professionals in Tanzania. 29th Annual Association of Researchers in Construction Management (ARCOM)Conference,1137–1146.
  4. Chiponde, D. B., Mutale, L. P., Ziko, J. M., & Nondo, J. (2017). Assessing the feasibilty of using building information modelling (BIM) to improve collaboration on public sector project in the Zambian Construction Industry. WIT Transaction of the Built Environment, 169, 191–198. https://doi.org/10.2495/BIM170181
  5. Chipozya, T. K. et al. (2013). Risk Reduction on Infrastructure Projects in the Zambian Construction Risk Reduction on Infrastructure Projects in the Zambian Construction Industry through Integrated Risk Management (IRM) Approach. Modern Environmental Science and Engineering, 1(1). http://dx.doi.org/10.15341/mese(2333-2581)/03.01.2015/008
  6. Choudhry, R., & Iqbal, K. (2013). Identification of risk management systems in construction industry in Pakistan. Management Engineering, 29(1). https://doi.org/10.1061/(ASCE)ME.1943-5479.0000122
  7. Dorji, K., & Hadikusumo, B. H. (2006). Safety management practices in the Bhutanese construction industry. Journal of Construction in Developing Countries, 11(2), 53–75.
  8. Firmenich, J. (2017). Customisable framework for project risk management. Construction Innovation, 17(1), 68–89. https://doi.org/10.1108/CI-04-2015-0022
  9. Guy, A. (2013). Performance security: bond, guarantees and letters of credit. Asia Pacific Project update. https://doi.org/10.1108/JKT-06-2018-0050
  10. Hussin, A. A., & Omran, A. (2009). Advance payment: To what extend it “save” the construction work. International Conference on Administration and Business. Romania.
  11. International Labour Organisation. (2015). Good working conditions good business – An analysis of Zambias building construction market.
  12. Jones, K. (2017, November 10). Identifying and managing construction risks. Construct Connect.
  13. Koksal, J. T. (2011). FIDIC conditions of contract as a model for an international construction contract. International Journal of Humanities and Social Science, 1(8), 140–158.
  14. Liu, J., Li, B., Lin, B., & Nguyen, B. (2007). Key issues and challenges of risk management and insurance in China’s construction industry an empirical study. Industrial Management & Data Systems, 107(3), 382–396. https://doi.org/10.1108/02635570710734280
  15. Merriam-Webster. (2020). Dictionary. Merriam-Webster. https://www.merriam-webster.com/
  16. Musundire, S., & Aigbavboa, C. (2015). Management of construction risks through controctors all risk insurance policy – A South African case study. 5th International/11th Construction Specialty Conference, Vancouver, British Columbia, 192-1–192-8. https://doi.org/10.14288/1.0076338
  17. National Council for Construction. (2020, June 6). Registered contractors for 2020 as at 28th February, 2020. http://www.ncc.org.zm/classified/contractors/
  18. Ngoy, K. S. (2019). Analyzing the application of integrated project delivery for the Zambian construction industry [Doctoral dissertation, The University of Zambia]. http://dspace.unza.zm/handle/123456789/6182
  19. Ngoy, K.S., Chisumbe, S., Petere, G., Mwiya, B., & Mwanaumo, E. (2023). Factors influencing professional indemnity insurance use in construction risk management. Baltic Journal of Real Estate Economics and Construction Management, 11(1), 199–220. https://doi.org/10.2478/bjreecm-2023-0013
  20. Northwest Territories. (2010). Contract security. In Procurement guidelines (p. 6).
  21. Odeyinka, H. (2010). An evaluation of the use of insurance in manging construction risks. Construction Management and Economics, 18(5), 519–524. https://doi.org/10.1080/014461900407329
  22. Ombati, N. S. (2002). Liability and insurance in the Kenyan construction industry: An evaluation of the use and performance of professional indemnity insurance policies [Thesis, University of Nairobi]. http://erepository.uonbi.ac.ke/handle/11295/97012
  23. Oke, A. E., Ogunsemi, D. R., Aje, I., & Morakinyo, G. (2013). Performance of advance payement bod in construction projects. 1st NIQS Annual research Conference, Abuja, Nigeria.
  24. Parera, B. A., Rathnayake, R. M., & Rameezdeen, R. (2008). Use of insurance in managing construction risk: Evaluation of contractors all risk (CAR) insurance policy. Built Environment-Sri Lanka, 8(2), 24–31. https://doi.org/10.4038/besl.v8i2.1909
  25. Rynerson, G. (2017). Surety bond authority. http://suretybondauthority.com/retention-bond-vs-performancebond-what-differencetp://suretybondauthority.com/retention-bond-vs-performancebond-what-difference
  26. Sayareh, M., & Moodi, M. M. (2017). Challenges of risk management and insurance in Iran construction industry. International Journal of Management & Humanities (IJMH), 2(11), 1–9.
  27. Smith, M. S. (2010). Determining Sample Size, How to Ensure You Get the Correct Sample Size. Utah: Qualtrics.
  28. Tembo, C., & Khathleli, N. (2016). Exploring Gilbert’s behavioural engineering model (BEM) for improving risk allocation in Zambia building sector. Livingstone: Infrastructure development and investment for Africa.
  29. The Ghanaian Graphic. (2017). Contractors all risk insurance. https://www.graphic.com.gh/business/business-news/contractors-all-risks-insurance.html (Accessed: 27 May 2021)
  30. Tworek, P., & Tomerki, M. (2012). Risk in production activities of the largest construction and assembly companies in Poland – survey research. The 7th International Scientific Conference ‘Business and Management’, pp. 1247–1252, Vilnius Gediminas Technical University.
  31. Wang, J., Liu, J., & Huang, L. (2007). Study on the professional liability insurance system of the supervision engineer in China. Construction Management and Economics, 25(7), 801–810. https://doi.org/10.1080/01446190601139891
  32. Zakaria, Z., Ismail, S., & Yusof, A. M. (2013). An overview of comparison between construction contract in Malaysia: The roles and responsibilities of contract administrator in achieving final account closing success. International Conference on Education and Educational Technologies, Rhodes, Greece. https://doi.org/10.46300/91014.2022.16.1
  33. Zou, P. X., Zhang, G., & Wang, J. (2007). Understand the key risk in construction project in China. International Journal of Project Management, 25(6), 601–614. https://doi.org/10.1016/j.ijproman.2007.03.001
  34. ZPPA. (2012a). Prourement of Small Work (Open National Bidding). Lusaka: Zambia Public Procurement Authority. https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwjsjdvo58aCAxUIIhAIHenNAW8QFnoECB0QAQ&url=https%3A%2F%2Fwww.zppa.org.zm%2Fdocuments%2F20182%2F21181%2FSBD_SMALL_WORKS_OPEN_NATIONAL_BIDDING.doc%2F5de00be9-3d3e-437b-a699-9a3c9ad7709e%3Fversion%3D1.0&usg=AOvVaw0KNu3C_a-E9oNs0_GS9YT7&opi=89978449
  35. ZPPA. (2012b). SBD_Works_Open International Bidding. Lusaka: Zambia Public Procurement Authority. https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwj9ro6M6saCAxXVUXcKHUt9B7MQFnoECBQQAQ&url=https%3A%2F%2Fwww.zppa.org.zm%2Fdocuments%2F20182%2F21181%2FSBD_WORKS_OPEN_INTERNATIONAL_BIDDING.doc%2F01a3f956-80fb-4c63-bbf4-5210d4a6e337%3Fversion%3D1.0&usg=AOvVaw0PATkr4iwicFqI__M9phUi&opi=89978449
  36. ZIL. (2013). Construction Guarantees. Zurich Insurance Limited. https://www.zurich.ch/en/corporate-customers/construction-real-estate/guarantee-surety-insurance
DOI: https://doi.org/10.2478/bjreecm-2023-0018 | Journal eISSN: 2255-9671 | Journal ISSN: 2255-9604
Language: English
Page range: 289 - 304
Submitted on: Oct 25, 2023
|
Accepted on: Nov 6, 2023
|
Published on: Dec 7, 2023
In partnership with: Paradigm Publishing Services
Publication frequency: 1 issue per year

© 2023 Kabemba S. Ngoy, Vennah Beene N’Gandu, Erastus Mwanaumo, published by Riga Technical University
This work is licensed under the Creative Commons Attribution 4.0 License.