2018
DOI: 10.1016/j.proeng.2018.01.058
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Funding mechanisms for disaster recovery: can we afford to build back better?

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Cited by 16 publications
(6 citation statements)
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“…It involves engaging appropriate skillsets and methods (Abe et al , 2018; Kumar et al , 2015) to minimise any rework tendencies while exploiting modern techniques to mitigate or alleviate the effects of new construction industry risks, such as congestions from urbanisation, retrofitting and climate change. Ensuring accessible funding sources are readily available (Macaskill and Guthrie, 2018), effective procurement collaborations (Johannessen et al , 2014) and the management of resources that also embraces waste management in all forms (Moon et al , 2017), acts as financial conservator methods.…”
Section: Resultsmentioning
confidence: 99%
“…It involves engaging appropriate skillsets and methods (Abe et al , 2018; Kumar et al , 2015) to minimise any rework tendencies while exploiting modern techniques to mitigate or alleviate the effects of new construction industry risks, such as congestions from urbanisation, retrofitting and climate change. Ensuring accessible funding sources are readily available (Macaskill and Guthrie, 2018), effective procurement collaborations (Johannessen et al , 2014) and the management of resources that also embraces waste management in all forms (Moon et al , 2017), acts as financial conservator methods.…”
Section: Resultsmentioning
confidence: 99%
“…Similar to insurance coverages, funds allow the rapid mobilization of financial resources, circumventing time-consuming approval procedures and negotiations for accessing other financing sources after a disaster has occurred [67]. However, as funds are rather difficult and complex to set up, they are usually designed for circumstances where insurance coverages are neither available nor cost-effective.…”
Section: Fundsmentioning
confidence: 99%
“…This can be construed as a demonstration of their interest in ensuring that resources are optimised, especially in the face of scarcity. Adopting proactive measures such as pre-disaster identification of financial sources can eliminate or reduce scouting and negotiating time during the time-sensitive recovery period (Macaskill and Guthrie, 2018). Strategic preventative maintenance programs, with a propensity for proactively addressing issues relating to critical infrastructure and building, augers well for eliminating sudden disasters (Andri c and Lu, 2017).…”
Section: Critical Infrastructure Indexingmentioning
confidence: 99%