Studying the methods for determining and maintaining sustainability of a construction firm

Abstract

Against the backdrop of the economic crisis and the complicated international situation, the government pays great attention to reforming the construction industry, creating the conditions for adapting construction firms to the existing situation and associated entrepreneurial and production risks. Concurrently, as the ever-increasing competition places higher requirements on potential participants in construction projects under state-financed and municipal contracts, new laws and regulations are being developed and improved, and bidding rules are systemized and optimized to help select the most reliable contractors resistant to various impacts. The purpose of this paper is to describe the term sustainability of a construction firm and to set the tasks of research into the ways of increasing sustainability of construction firms based on efficient organization of construction operations and up-to-date production and labor technology. The scientific problem suggested for review lies in ensuring guaranteed sustainability of construction firms amid uncertainties of construction operations. This paper focuses on research into and the methods for determining a correlation between sustainability of a construction firm and its resource potential that depends on a number of diverse factors.