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Impact Factors on Subcontractor's Cash Flow Management
Faculty
Engineering
Year:
2023
Type of Publication:
ZU Hosted
Pages:
Authors:
Ahmed Hussien Ibrahim Mahmmoud
Staff Zu Site
Abstract In Staff Site
Journal:
Civil Engineering Journal CEJ
Volume:
Keywords :
Impact Factors , Subcontractor's Cash Flow Management
Abstract:
This study aims to define how to maintain and protect the subcontractor firms' cash flow from economic fluctuation through legally sustainable solutions. Methods/Analysis: We conducted a case study in the Eastern Delta Region of Egypt. A questionnaire containing a list of 22 impact factors on subcontractors' cash flow was distributed across multiple subcontractor firms with an 82% response rate. It was designed to explore the factors causing cash flow instability and analyze them using SPSS statistics. Findings: The study finds that inflation, late payments, non-compensation for late payments, poor subcontractor cash flow management, subcontractor firms' inclination to avoid disputes, material price fluctuation, and non-compensation terms, as well as suppliers rejection of payment delays, are the most critical factors of subcontractor cash flow problems. Novelty/Improvement: The study suggests adding three sub-articles to Article 57 in "Tender Law" as legally sustainable solutions to protect and maintain the firm's growth rate from inflation, late payment, and the inclination to avoid disputes. Also, the study recommends that the owner ensure that cash is available before procuring the general contractors, as stated in Egyptian Law 182 of 2018. This study will contribute to establishing a sustainable win-win relationship between subcontractors and general contractors.
Author Related Publications
Ahmed Hussien Ibrahim Mahmmoud, "Management of Construction Cost Contingency Covering Upside and Downside Risks.", Alexandria Engineering Journal (AEJ),, 2014
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Ahmed Hussien Ibrahim Mahmmoud, "Modelling the Financial Performance of Construction Companies Using Neural Networks via Genetic Algorithm.", Canadian Journal of Civil Engineering (CJCE), 2014
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Ahmed Hussien Ibrahim Mahmmoud, "Estimating Cost Contingency for Highway Construction Projects Using Analytic Hierarchy Processes.", International Journal of Computer Science Issues (IJCSI), 2014
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Ahmed Hussien Ibrahim Mahmmoud, "Measuring Important Factors Affecting Construction Projects Duration", Journal of Al Azhar Univ. Eng. Sector, 2014
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Ahmed Hussien Ibrahim Mahmmoud, "Reducing Construction Disputes through Effective Claims Management.", American Journal of Civil Engineering and Architecture (AJCEA), Science and Education Publishing,, 2014
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Department Related Publications
Ahmed Elsayed Ali Mahmoud, "An Integrated Sustainable Construction Project’s Critical Success Factors (ISCSFs)", Sustainable Engineering and Science, 2021
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Gamal Saber Ahmed Elfiky, "Determination of local gravimetric geoid model over Egypt using LSC and FFT estimation techniques based on different satellite- and ground-based datasets", Taylor & Francis, 2021
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Mohammed Ahmed Ali Alashkar , "Determination of local gravimetric geoid model over Egypt using LSC and FFT estimation techniques based on different satellite- and ground-based datasets", Taylor & Francis, 2021
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Ahmed Hussien Ibrahim Mahmmoud, "Management of Construction Cost Contingency Covering Upside and Downside Risks.", Alexandria Engineering Journal (AEJ),, 2014
More
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