• Korean Journal of Construction Engineering and Management
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• v.10 no.3
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• pp.22-31
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• 2009

In the buildings of educational facilities ordered by BTL projects, the competent authorities, private business, and users of school get to have a deep conflict, due to extra expenses resulted from shortening of construction period and establishment of temporary school building, and inconveniences users of school have to undergo during semester. This study aims at solving immediate problems in the aspect of construction method, proposing several alternative plans, including RC construction method generally applied to construction of the existing school, and modular construction method that is emerged as an alternative method for educational facilities lately, along with the method of construction appropriate for BTL projects of educational facilities, calculating cost of construction required for each alternative plan, analyzing and evaluating period of construction.

• Journal of the Korean Institute of Educational Facilities
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• v.15 no.3
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• pp.4-16
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• 2008

BTL(Build-Transfer-Lease) Project for Education Facilities is contracted as a package which consists of several education facilities and its maintenance period is 20 years. Thus, total cost variation largely depends on the accuracy of the maintenance cost forecasting in the early stage in the life cycle of the BTL Projects. This research develops a method using complete linkage algorithm and branch & bound algorithm to help in finding optimal bundling combination. The result of this research suggests more reasonable and effective forecasting method for the maintenance bundle in BTL projects.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2006.11a
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• pp.123-130
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• 2006

Recently, Korean government promotes BTL(Build-Transfer-Lease) for their public construction project to apply private sector's experience and finance initiatives. Many of public buildings and civil infrastructure projects were planned to be delivered by BTL and it helps to continue public projects under tight budget conditions. Since the characteristics of BTL projects, creative ideas for the project function, performance and its LCC (Life Cycle Cost) become more important than usual public work project. This paper introduces the systematic "VE job Plan" application techniques for BTL project and shows the process. This study shows the application of "VE job Plan" for BTL project to help decision making and value improvement. Also, Project cost was estimated by LCC (Life Cycle Cost) analysis. Technical "FAST diagram"was developed and used to find major functions of the project. So, it helps to improve performance of functions and make creative ideas. FAST diagram also help to find relationships between functions and cost. A case study (Daegu Art Gallery BTL Project) was conducted using proposed "VE job Plan. Study demonstrates how value management helps save money and increase functional performance. Researcher found that project can save cost and improve performance of functions significantly by using appropriate VE analysis process at appropriate time.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2006.11a
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• pp.278-283
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• 2006

Koran Government introduced BTL(Build-Transfer-Lease) to provide convenience through early supplying infrastructure and plans to invest 8,315million dollar to 84 projects of 15 BTL type involving official residence and railroad. But some of construction company hates to invest BTL projects because of its low earning rate. In addition if we correctively apply project which partly has profitability to BTL, the earnning rate declines more seriously. So this paper presents BTL+BTO model which operates BTL in the non-profitable parts to improve convenience of users and BTO in the profitable parts to improve earning rate. BTL+BTO model based on operate period was presented and its suitability was confirmed by applting 00 region official residence project.

• Korean Journal of Construction Engineering and Management
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• v.10 no.2
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• pp.93-101
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• 2009

BTL projects, which has been 3 years since it was carried out in 2008, trigged the controversy on the adequacy in the calculation of disbursement for Government due to such problems as low earning rate and the burden of service level compared with the project suggestion. Thus, the purpose of this study is to offer a suggestion on the calculation system for the purpose of the standardized - expense appropriation by item and database including the antecedent study on the finance model and the feasibility in BTL projects. The system is composed of 4 steps - project management, basic database, an analysis on expense by item and the result, and an analysis on sensitivity, and it is possible to carry out a comparative analysis on single and multi alternatives by variable change along with the ground on expense calculation.

• Korean Journal of Construction Engineering and Management
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• v.14 no.3
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• pp.167-175
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• 2013

In 2005, the government introduced BTL(Build-Transfer-Lease) projects as one of the methods of private investment in infrastructure. In a BTL project, a private company builds a public facility and leases it to the government to withdraw its invested capital. But there appear several problems with it due to a short period of preparation and lack of experiences. Specifically, private companies that plan to participate in this project have to take a risk since serious problems are likely to take place because of unrealistic estimation of construction costs, etc., and they finally avoid participating in this project. A case study was made over advanced countries, Japan and the United Kingdom, to find out how to resolve the problems, and rational 7 improvement method were presented from a perspective of Special Purpose Company (SPC), which could be accepted by both of SPC and government agencies. The findings of the study are expected to provide workable solutions to BTL projects from a standpoint of private companies to facilitate the rational improvement of BTL projects, and this study is ultimately expected to stimulate the active participation of SPC to make a contribution to the vitalization of domestic BTL projects.

• Journal of the Korean Institute of Educational Facilities
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• v.14 no.4
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• pp.96-100
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• 2007

• Journal of the Korean Institute of Educational Facilities
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• v.14 no.4
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• pp.114-119
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• 2007

• Journal of the Korean Institute of Educational Facilities
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• v.13 no.3
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• pp.92-96
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• 2006

• Journal of the Korean Institute of Educational Facilities
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• v.13 no.3
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• pp.89-92
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• 2006