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All Journal Journal of Management, Accounting, General Finance and International Economic Issues (MARGINAL) International Journal on Advanced Technology, Engineering, and Information System (IJATEIS)
Zuhri, Syaefuddin
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Automotive Engineering Chemical Engineering, Chemistry & Bioengineering Civil Engineering, Building, Construction & Architecture Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Electrical & Electronics Engineering Environmental Science Industrial & Manufacturing Engineering Social Sciences

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ANALYSIS OF THE RELATIONSHIP BETWEEN INDIRECT COSTS, BID PRICES, AND TIME PERFORMED BY SMALL CONTRACTORS IN SIDOARJO REGENCY Zuhri, Syaefuddin; Witjaksana, Budi; Tjendani, Hanie Teki
JOURNAL OF MANAGEMENT, ACCOUNTING, GENERAL FINANCE AND INTERNATIONAL ECONOMIC ISSUES Vol. 3 No. 3 (2024): JUNE
Publisher : Transpublika Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55047/marginal.v3i3.1236

Abstract

In each construction project, there are numerous essential project parameters, with cost being identified as the most critical factor due to its direct or indirect implications on every decision made. Cost holds significant importance for contractors, especially small contractors, who must strive to submit competitive bid prices while ensuring good construction quality and optimal time management. Therefore, it is imperative for small contractors to carefully evaluate indirect cost expenditures in order to achieve minimal costs without compromising on quality or project duration. This research delves into the correlation between indirect costs, bid prices, and time performance among small contractors in Sidoarjo. The study involves primary data processing and employs analytical methods, including multiple linear regression statistical analysis. The findings suggest that both indirect costs and bid prices have a notable impact on project duration, accounting for 52.4% of the variance in time performance.
INDIRECT COST ANALYSIS OF THE CONSTRUCTION PROJECT OF SPORTS FACILITIES IN KANOR SUB-DISTRICT, BOJONEGORO DISTRICT WITH LINEAR REGRESSION METHOD Zuhri, Syaefuddin; Witjaksana, Budi; Tjendani, Hanie Teki
INTERNATIONAL JOURNAL ON ADVANCED TECHNOLOGY, ENGINEERING, AND INFORMATION SYSTEM Vol. 3 No. 2 (2024): MAY
Publisher : Transpublika Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55047/ijateis.v3i2.982

Abstract

The calculation of indirect costs carried out by contractors so far has no reference or there is no standardized design to be a benchmark. For this reason, researchers will analyze the primary and secondary data of this study to determine the indirect costs of direct costs or against the contractors' contracts. This study analyzes the amount of indirect costs in the Kanor District Sports Facilities Development project of Bojonegoro Regency and looks for a relationship between indirect costs and bid prices with time performance on the Kanor District Sports Facilities Development project of Bojonegoro Regency. This research method uses data processing and indirect cost RAB making. and using analysis methods with linear regression statistical analysis. Indirect costs in the Kanor District Sports Facilities Development project are allocated to 4 (four) main things, namely tax and insurance costs (61.49%), risk costs (7.21%), and overhead costs (8.62%), general costs (8.325) quality costs 4.36%) where the percentage is calculated from the total amount of indirect costs. From the linear regression analysis it can be concluded that indirect costs affect the project work time. Bid price has no effect on project work time. Indirect costs and bid prices affect the time of work.
Co-Authors Budi Witjaksana, Budi Hanie Teki Tjendani, Hanie Teki