A Predictive Model of Contractor Financial Effort in Transport Infrastructure Projects

With high complexity, duration and size, the transport infrastructure projects are very often delayed and over budget. One of the frequent reason these type of construction projects behave in such way is the lack of liquidity at the construction company level. On one hand, due to the aggressive competition, the contractors participate in tenders with smaller prices, on the other hand, they confront with a large number of risk events in the execution. All of these have tremendous effects on the company cash flow, leading to delays in project execution, over budget, penalties and loss of opportunities.