A Quantitative Evaluation Method for Standard Form of Contract in Malaysia

The Malaysian construction industry is heavily dependent on the standard forms of contract as a general condition of contracts in which all parties involve are well versed with the structured bond and duties that the contract implies. However, according to the contracting parties’ opinion, even with...

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Main Author:	Lau, Stephenie May Kei
Format:	Thesis
Language:	English
Published:	2019
Subjects:	TA Engineering (General) Civil engineering (General)
Online Access:	http://ir.unimas.my/id/eprint/25280/1/Stephenie%20Lau%20ft.pdf
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id	my-unimas-ir.25280
record_format	uketd_dc
spelling	my-unimas-ir.252802024-05-27T08:22:02Z A Quantitative Evaluation Method for Standard Form of Contract in Malaysia 2019-06-14 Lau, Stephenie May Kei TA Engineering (General). Civil engineering (General) The Malaysian construction industry is heavily dependent on the standard forms of contract as a general condition of contracts in which all parties involve are well versed with the structured bond and duties that the contract implies. However, according to the contracting parties’ opinion, even with recent revisions, the existing standard forms are problematic, explicitly in terms of clarity, completeness and distribution of rights and obligations. Thus, this research aims to develop a theoretical and mathematical framework to evaluate the contents in a standard form of contract. This framework will then be tested using CIDB Standard Form of Contract for Building Works 2000, which is published by Construction Industry Development Board (CIDB) and used for both public and private sector construction projects. Every clauses and sentences in the contract was interpret by using a series of parameters and checklist developed from past literature. Data collected was then being analysed by using some simple mathematics formula. As a result, CIDB standard form of contract appears to be a quite clear, quite complete, and quite fair contract. This evaluation is consistent with the public's opinion in the past research, which also proved that the developed framework is working as intended. However, limitations are found during the framework validation. The results and recommendations are able to serve as a basis for future improvements in modifying the framework for standard form evaluation. Universiti Malaysia Sarawak, (UNIMAS) 2019-06 Thesis http://ir.unimas.my/id/eprint/25280/ http://ir.unimas.my/id/eprint/25280/1/Stephenie%20Lau%20ft.pdf text en validuser masters Universiti Malaysia Sarawak Faculty of Engineering
institution	Universiti Malaysia Sarawak
collection	UNIMAS Institutional Repository
language	English
topic	TA Engineering (General) Civil engineering (General)
spellingShingle	TA Engineering (General) Civil engineering (General) Lau, Stephenie May Kei A Quantitative Evaluation Method for Standard Form of Contract in Malaysia
description	The Malaysian construction industry is heavily dependent on the standard forms of contract as a general condition of contracts in which all parties involve are well versed with the structured bond and duties that the contract implies. However, according to the contracting parties’ opinion, even with recent revisions, the existing standard forms are problematic, explicitly in terms of clarity, completeness and distribution of rights and obligations. Thus, this research aims to develop a theoretical and mathematical framework to evaluate the contents in a standard form of contract. This framework will then be tested using CIDB Standard Form of Contract for Building Works 2000, which is published by Construction Industry Development Board (CIDB) and used for both public and private sector construction projects. Every clauses and sentences in the contract was interpret by using a series of parameters and checklist developed from past literature. Data collected was then being analysed by using some simple mathematics formula. As a result, CIDB standard form of contract appears to be a quite clear, quite complete, and quite fair contract. This evaluation is consistent with the public's opinion in the past research, which also proved that the developed framework is working as intended. However, limitations are found during the framework validation. The results and recommendations are able to serve as a basis for future improvements in modifying the framework for standard form evaluation.
format	Thesis
qualification_level	Master's degree
author	Lau, Stephenie May Kei
author_facet	Lau, Stephenie May Kei
author_sort	Lau, Stephenie May Kei
title	A Quantitative Evaluation Method for Standard Form of Contract in Malaysia
title_short	A Quantitative Evaluation Method for Standard Form of Contract in Malaysia
title_full	A Quantitative Evaluation Method for Standard Form of Contract in Malaysia
title_fullStr	A Quantitative Evaluation Method for Standard Form of Contract in Malaysia
title_full_unstemmed	A Quantitative Evaluation Method for Standard Form of Contract in Malaysia
title_sort	quantitative evaluation method for standard form of contract in malaysia
granting_institution	Universiti Malaysia Sarawak
granting_department	Faculty of Engineering
publishDate	2019
url	http://ir.unimas.my/id/eprint/25280/1/Stephenie%20Lau%20ft.pdf
_version_	1804888394906468352

A Quantitative Evaluation Method for Standard Form of Contract in Malaysia

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