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http://dx.doi.org/10.12652/Ksce.2013.33.6.2575

Comparison of Cost Performance for Delivery Methods on Public Construction Projects  

Lee, Yoo Sub (Korea Institute of Construction Technology)
Kang, Tai Kyung (Korea Institute of Construction Technology)
Shin, Eun Young (Korea Institute of Construction Technology)
Park, Wonyoung (Korea Institute of Construction Technology)
Publication Information
KSCE Journal of Civil and Environmental Engineering Research / v.33, no.6, 2013 , pp. 2575-2582 More about this Journal
Abstract
In the delivery systems for public construction works, design-build methods such as turn-key and alternative have contributed to improving the quality of structures and developing the construction technology. However, it is pointed out that construction based on a design-build method is likely to waste a budget due to its higher contract price than construction based on a design-bid-build method. Other issues such as contract monopoly, bid rigging and deliberation irregularity in design-build. Since there are not much works have been accomplished to comparatively analyze the actual performance and effect based on delivery methods, discussing and judging the performance and effect of each deliver method with limited information could lead to an error. Thus, this study by extensively investigates the actual project cost data, ranging from contract price to the construction cost of the public construction works and comparatively analyzed the characteristics of each delivery method about cost structure and fluctuation trend. This work is expected to assist stake-holders in properly understanding delivery systems for public construction works and promoting their efficient management.
Keywords
Delivery system; Cost performance; Actual estimating cost;
Citations & Related Records
Times Cited By KSCI : 1  (Citation Analysis)
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