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Commercial Risk Management Survey
1.
Which type of organisation do you work for?
SME contractor up to £50m turnover
Medium sized contractor £50m - £250m turnover
Major contractor over £250m turnover
Housebuilder
Specialist contractor
Product supplier
Architect
Consulting engineer
Project manager
QS
Client
Other (please specify)
2.
Which of the following describes your primary job role best?
Main board director / partner
Contracts manager / QS
Construction, project or site manager
Architect / Designer
Engineer
Procurement or supply chain manager
None of the above (please specify)
3.
Where does your organisation primarily operate?
Nationally
London area
Midlands
North West
North East
South West
South East
Wales
Scotland
Northern Ireland
Internationally
4.
What is the appropriate level of margin for a main contractor under a traditional contracting arrangement?
Below 1%
1 - 2%
2 - 3%
3 - 5%
Above 5%
Below 1%
1 - 2%
2 - 3%
3 - 5%
Above 5%
5.
What is the appropriate level of margin for a main contractor under a design and build contracting arrangement?
Below 1%
1 - 2%
2 - 3%
3 - 5%
Above 5%
Below 1%
1 - 2%
2 - 3%
3 - 5%
Above 5%
6.
What is the appropriate level of margin for a main contractor under a fee-based construction management arrangement?
Below 1%
1 - 2%
2 - 3%
3 - 5%
Above 5%
Below 1%
1 - 2%
2 - 3%
3 - 5%
Above 5%
7.
What is the appropriate level of margin for a specialist contractor without design responsibility?
Below 1%
1 - 2%
2 - 5%
5 - 10%
Above 10%
Below 1%
1 - 2%
2 - 5%
5 - 10%
Above 10%
8.
What is the appropriate level of margin for a specialist contractor with design responsibility?
Below 1%
1 - 2%
2 - 5%
5 - 10%
Above 10%
Below 1%
1 - 2%
2 - 5%
5 - 10%
Above 10%
9.
Do you believe the difference between traditional, design and build, or other lump sum contracting arrangements and fee-based contracting arrangements such as construction management has been lost?
Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
10.
Does the scale of risk required mean that only large contractors can compete for most design and build contracts?
Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
11.
Do you feel that industry standard contracting arrangements capture the extent of design responsibility a main contractor is to assume?
Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
12.
Is there too much spent on design fees on design and build contracts?
Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
13.
Are you comfortable with your risk management approach on contracts you tender for?
Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
14.
How do you manage defects on your projects?
As we find them
At the end
Independent assessor or certifier
We don't have defects
Other (please specify)
15.
What is your inspection and approval process?
Clerk of works
Self-policing
Other (please specify)
16.
Which of the following organisations should take on more risk on design and build contracts?
Architect
Main Contractor
Specialist Contractor
Product Manufacturer
Employer
Other (please specify)
17.
What requirements do insurance companies typically ask for on design and build contracts?
Project specific policy
Right of veto on bespoke clauses / contract amendments
Project reviews of risks throughout project life
List of names of designers and designing specialists
Liability caps
Other (please specify)
18.
Are insurance premiums going up on design and build contracts?
Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
19.
Which of the following organisations should take on more risk on traditional or lump sum contracts?
Architect
Main Contractor
Specialist Contractor
Product Manufacturer
Other (please specify)
20.
What requirements do insurance companies typically ask for on traditional or lump sum contracts?
Project specific policy
Right of veto on bespoke clauses / contract amendments
Project reviews of risks throughout project life
List of names of designers and designing specialists
Liability caps
Other (please specify)
21.
Are insurance premiums going up on traditional or lump sum contracts?
Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
22.
Please enter your email if you would like to receive a copy of the results of this survey. We are contacting only CIOB members who are directors of companies and their answers may prove useful to your organisation.