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Kim, Chung-Yung;Hong, Tae-Hoon;Hyun, Chang-Taek;Lee, Hyun-Jong
- Korean Journal of Construction Engineering and Management
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- v.9 no.4
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- pp.182-192
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- 2008
The purpose of this research is to identify problems and solutions of domestic Life Cycle Cost analysis in BTL(Build-Transfer-Lease), a PFI(Private Finance Initiatives) project. It is expected BTL would be quite effective delivery method for public construction introducing the private's major capital investments and technologies, and obviously LCC analysis is becoming more important factor for success of BTL projects. Nevertheless, there are still some complicated issues in LCC analysis, a technique for selecting the optimal VE(Value Engineering) proposals and estimating OM&R (Operation, Maintenance, & Repair) cost of the buildings, and has been applied limitedly. This research mainly focuses on educational facility, as most frequently delivered by BTL currently, especially with two levels (Alternative LCC and Building LCC) , which is occupied main potion in BTL project. In addition, it identifies four main problems and suggests their solutions through case studies focusing six major factors (WBS, Repair Information, Life Cycle, Time value of money, Repair Information Database, LCC Model) from three projects. Advanced development of this research requires closer partnership between the private / public sectors, and their long term strategies.
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Ha, Heon-Seok;Song, Chang-Young;Kim, Yong-Su
- Korean Journal of Construction Engineering and Management
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- v.8 no.6
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- pp.207-215
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- 2007
The purpose of this study is to predict the long-term maintenance expense of BTL school projects which were ordered from the Ministry of Education and Human Resources Development and each Metropolitan and Province Office of Education. For conducting this study, the adapted research method includes a case study of BTL school projects ordered from Seoul Metropolitan Office of Education in 2006. After examination of initial investment based on each $school^{\circ}{\phi}s$ operation account, it estimates maintenance expense and long-term maintenance expense. Also it compare using two methods: one is the long-term maintenance expense estimation in apartment houses and the other is AEAM(annual equivalent amount method). The results of this study are as follows: 1) It is analyzed long-term maintenance expense rates of each BTL school. As a result, it is construction(14.0), civil(1.4%), mechanical(6.5%), equipment(6.5%), electronic(11.0%), fixture(5.1%) and the rest(1.0%). 2)It is applied using two methods: one is the long-term maintenance expense estimation in apartment houses and the other is AEAM. Finally, It is compared expense deflection per $100{\beta}{\ge}$ in each month.
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Cho, Seung-Yun;Ahn, Jang-Won;Kim, Yong-Su
- Proceedings of the Korean Institute Of Construction Engineering and Management
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- 2007.11a
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- pp.145-150
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- 2007
This study is a LCC case analysis on the school one of the BTL projects which is constructed by private organizations and rented to government. According to the RFP to make out documents, it is performed the case analysis based on the results of LCC calculation about maintenance & conservation costs; repairing costs and replacement costs. It is analyzed LCC on maintenance & conservation costs for 20 years(rent period) and 65 years(life cycle). As a result of LCC analysis, about more than 50% of total LCC are architectural works and the rest of them are machinery works, electric works, and civil works in the order. And it is also suggested some problems and their solutions to perform LCC analysis on the current BTL projects of school.
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