Awareness and Compliance with Builders’ Risk Insurance among Construction Professionals in Gombe State, Nigeria (Published)
Builders’ Risk Insurance (BRI) is an important risk-transfer mechanism for protecting construction projects against specified losses during the construction period. However, awareness of insurance requirements does not necessarily translate into sustained compliance. This study investigates this awareness–compliance gap among construction professionals in Gombe State, Nigeria. The study pursued two objectives: to assess the level of awareness of BRI and to determine the level of compliance with BRI requirements. A quantitative cross-sectional survey design was adopted. The study population comprised 400 construction professionals, from which a sample of 196 was determined using the Krejcie and Morgan approach. Structured questionnaires were administered to architects, builders, civil engineers and quantity surveyors, yielding 191 valid responses and a 97.4% response rate. Data were analysed using descriptive statistics and simple linear regression. The results indicate relatively high awareness of BRI (grand mean = 3.71), particularly regarding its existence (M = 4.21), purpose (M = 4.15) and mandatory nature (M = 4.08). However, compliance was comparatively weaker (grand mean = 3.62), with particularly low scores for continuous policy renewal (M = 3.08) and regulatory verification of insurance certificates (M = 2.94). Regression analysis further indicates a significant positive association between awareness and effective construction risk management (β = 0.64, R² = 0.410, p < 0.001). The findings reveal that the principal implementation problem is not simply lack of awareness but the conversion of knowledge into sustained compliance. The study contributes context-specific evidence by demonstrating an awareness–compliance implementation gap in Gombe State and proposes a lifecycle-oriented approach to BRI implementation.
Keywords: Compliance, Nigeria, Risk Management, builders’ risk insurance, construction professionals, construction risk, insurance awareness
Effect of Compliance with Valuation Standards and Awareness on Property Value Certification among Estate Surveying Firms in Abuja, Nigeria (Published)
The quest for reliability and consistency in real estate valuations services prompted the use of valuation standards. The extent of compliance with this valuations standards by property appraisers is a matter due for worthy consideration. This study aims to examine the effect awareness of valuation standards and compliance has on property value certification. The target population comprises registered Estate Surveying firms who are in private practice in Abuja, Nigeria. The sampling frame is 171 registered firm. The sample size of 118 was adopted. The reliability of the study data was measured using Cronbach’s Alpha test which showed that valuers’ awareness and compliance to valuation standards, and property value certification variables with 5, 3, and 7 measuring constructs respectively, were reliable with value above 0.70. The findings of the study show that awareness has a mean score of 3.4392 which is high with the 5-point likert scale, likewise, appraisers’ level of compliance is high, with a mean score of 3.7017, also property value certification showed a mean value of 3.9766. In examining the effect of valuation awareness and compliance on Property value certification multiple regression analysis was employed and the variables explained 57.4% of the model; which implies that awareness and compliance were responsible for 57.4% of the variation in property value certification. The effect of awareness and compliance on the certification of property values; the ANOVA analysis showed that awareness and compliance has a significant positive effect on property value certification, while awareness to valuation standards has a 26.9% effect, compliance with standards has a higher effect of 57.6%. Therefore the study concludes that while awareness and compliance both have significant positive effect on property value certification, compliance to valuation standards has a greater effect on real estate property value certification.
Keywords: Compliance, awareness, property valuation, valuation standards, value certification