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Keywords: Procurement systems
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Journal Articles
Estimating transaction costs in the New Zealand construction procurement: A structural equation modelling methodology
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Engineering, Construction and Architectural Management (2015) 22 (2): 242–267.
Published: 16 March 2015
... and procurement. Post-contract they include activities of contract administration and enforcement. The purpose of this paper is to estimate the magnitude of transaction costs (TCs) for different procurement systems used in construction projects in New Zealand. Specifically estimating the relative values of TCs...
