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Accident cost as a share of contract sum (Singapore building contractors)

0.25%of contract value
SingaporeModerate confidenceContractor loss

0.25% of contract value: Accident cost as a share of contract sum (Singapore building contractors) (Teo & Feng, 2011; Singapore; moderate confidence).

What it is. 0.25% of contract sum, insured (0.15%) plus uninsured (0.1%) accident cost.

Sample. A questionnaire survey of Singapore building contractors, 2011. Read from the paper's own abstract; the sample size is not stated there.

What it is not. Singapore building work, not Australian civil, and contractors' own survey estimates rather than cost records. The full paper has not been read, so the sample size is unconfirmed. A weak Indian study found about 0.48% accident loss; the often-quoted '7.9% to 15%' comes from 1990s US data that could not be verified and is excluded.

Where it came from

History

compliance_gate/noncompliance_accident_cost_ratio · SG · F41 ·the record ·link to this figure ·dispute this figure(or email support@demiton.io)

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