Development of Contract Management Strategy to Control Late Payment in Building Projects

Building projects with private ownerss have high level of payment issues (late payment, underpayment, or non-payment). The purpose this study is to develop a risk-based contract management strategy avoid late from contractors. research data consisted literature reviews, questionnaires, and qualitative risk analyses. analyses identified 10 highest risks as the dominant factors 37 variables. response variables was used for developing system. Risks affecting were largely due contractual clause contracting clients less financial capacity lack analysis in pre-contract phase