Methodology for assessing the capital of a construction organisation for the project implementation

Authors

  • Anna V. Kapusto Belarusian State University, 4 Niezaliežnasci Avenue, Minsk 220030, Belarus
  • Svetlana N. Kostjukova Belarusian State University, 4 Niezaliežnasci Avenue, Minsk 220030, Belarus
  • Nadezhda A. Pashkevich Belarusian National Technical University, 65 Niezaliežnasci Avenue, Minsk 220013, Belarus

Keywords:

construction, contractor, customer, capital, assessment, methodology

Abstract

A methodology for assessing the capital of a construction organisation when choosing a project is presented. It is based on an assessment of the adequacy of equity capital to perform construction and installation work under a new contract, the need and possibility of attracting borrowed capital based on the established payment schedule under the contracts. The methodology makes it possible to model the process of raising equity and debt capital, determine the feasibility of concluding a new contract, taking into account the fulfilment of obligations under existing contracts, and also develop strategies for regulating the contractor’s cash flows that provide a reserve of borrowed capital for concluding new contracts.

Author Biographies

  • Anna V. Kapusto, Belarusian State University, 4 Niezaliežnasci Avenue, Minsk 220030, Belarus

    PhD (physics and mathematics), docent; associate professor at the department of analytical economics and econometrics, faculty of economics

  • Svetlana N. Kostjukova, Belarusian State University, 4 Niezaliežnasci Avenue, Minsk 220030, Belarus

    PhD (economics), docent; associate professor at the department of economic security, faculty of economics

  • Nadezhda A. Pashkevich, Belarusian National Technical University, 65 Niezaliežnasci Avenue, Minsk 220013, Belarus

    senior lecturer at the department of economics, organisation of construction and real estate management, faculty of civil engineering

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Published

2022-11-22

Issue

No. 2 (2022): Journal of the Belarusian State University. Economics

Section

D. Microeconomics

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How to Cite

[1]
Kapusto, A.V. et al. 2022. Methodology for assessing the capital of a construction organisation for the project implementation. Journal of the Belarusian State University. Economics. 2 (Nov. 2022), 43–52.