n Journal of the South African Institution of Civil Engineering = Joernaal van die Suid-Afrikaanse Instituut van Siviele Ingenieurswese - Plant finance in the construction industry : technical paper
|Article Title||Plant finance in the construction industry : technical paper|
|© Publisher:||South African Institution Of Civil Engineering (SAICE)|
|Journal||Journal of the South African Institution of Civil Engineering = Joernaal van die Suid-Afrikaanse Instituut van Siviele Ingenieurswese|
|Author||R.N. Williams and R.E. Roebert|
|Publication Date||Jan 1996|
|Pages||21 - 26|
This paper describes the decision-making process that must be undertaken in order to finance construction plant. The process is a complex one owing to the quantitative and qualitative factors that flow from a particular finance option. The decision process is analysed and explained by highlighting all the important factors that must be considered. This includes a net present value analysis to determine the most cost-effective finance option and a detailed analysis of the qualitative factors. This information is then used to make an informed choice as to the best method of financing construction plant to ultimately enhance a construction company's competitiveness.
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