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Cattell, D W, Bowen, P A and Kaka, A P (2010) The risks of unbalanced bidding. Construction Management and Economics, 28(04), 333–44.

Cui, Q, Hastak, M and Halpin, D (2010) Systems analysis of project cash flow management strategies. Construction Management and Economics, 28(04), 361–76.

Dulaimi, M F, Alhashemi, M, Ling, F Y Y and Kumaraswamy, M (2010) The execution of public-private partnership projects in the UAE. Construction Management and Economics, 28(04), 393–402.

Hallowell, M (2010) Safety risk perception in construction companies in the Pacific Northwest of the USA. Construction Management and Economics, 28(04), 403–13.

Lai, I K W and Lam, F K S (2010) Perception of various performance criteria by stakeholders in the construction sector in Hong Kong. Construction Management and Economics, 28(04), 377–91.

Lai, J H K (2010) Operation and maintenance budgeting for commercial buildings in Hong Kong. Construction Management and Economics, 28(04), 415–27.

  • Type: Journal Article
  • Keywords: budgeting; facilities management; maintenance; cost modelling
  • ISBN/ISSN: 0144-6193
  • URL: https://doi.org/10.1080/01446190903365665
  • Abstract:
    The significance of whole-life costs for building operation and maintenance (O&M) is well known. The causes of ill-budgeted O&M resources, however, are often uncertain. An in-depth exploration of the problems with budgeting O&M works for commercial buildings in Hong Kong was carried out, based on interviews with building owners, management companies and O&M contractors. The practice of historical-based budgeting predominates among a variety of budgeting bases, and budgets are largely constrained by preceding budgets and predetermined budget ceilings. Budgetary costs are significant, which can be economized through bundling small contracts into larger procurement packages. The importance of satisfying O&M needs is usually recognized but the motivations of practitioners toward preparation of proper budgets are inadequate. Corresponding to the range of problems identified, a framework of improvement measures is outlined, which requires further development to help achieve proper budgeting for sustainable operation and maintenance of buildings.

Raisbeck, P, Duffield, C and Xu, M (2010) Comparative performance of PPPs and traditional procurement in Australia. Construction Management and Economics, 28(04), 345–59.