Traditional methods of environmental regulation and enforcement have been questioned over the last decade. Due to the number of environmental regulations, and subsequent cost of enforcement, governments have begun to incentivize the adoption of environmental management systems (EMSs). These management systems encourage companies to better manage their environmental performance…

In today's era a lot of the construction projects suffer from time delay, cost overrun and quality defect. Incentive provisions are found to be a contracting strategy to address this potential problem. During last decade incentive mechanisms have gained importance, and they are starting to become adopted in the construction…