期刊名称：International Journal of Innovative Research in Science, Engineering and Technology
印刷版ISSN：2347-6710
电子版ISSN：2319-8753
出版年度：2017
卷号：6
期号：12
页码：22889
DOI：10.15680/IJIRSET.2017.0612116
出版社：S&S Publications
摘要：The low-cost mentality dominates in the competitive business of the construction industry. The pressureon contractors’ profit margins has further increased after a prolonged recession in this sector, which has seenconstruction demand and output shrinking significantly. This paper examines the factors that contractors perceive to beimportant when they are considering the ratio of their bid markup. A structured questionnaire was established to meetthese objectives. The questionnaire consisted of thirty-two factors depending on previous research and expert opinion.The survey was done for one hundred engineers from different companies. This study identifies the key determiningfactors in calculating the markup ratio and their importance weights. The analysis of data was done using SPSSsoftware. The most important two factors are cash flow and inflation in material prices. A model to determine themarkup ratio for different project cases was established. This model will help the construction companies indetermining the markup ratio in a scientific way. The model was validated on four different projects.
