• Journal of the Korea Institute of Building Construction
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• v.7 no.4
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• pp.93-99
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• 2007

Highly advanced technologies are being adopted into the domestic construction industry in accordance with rapidly changing global construction industry in the 21st century. Value Engineering methodologies have often been discussed but not yet settled in the country. This research, therefore, aims to provide a useful guide to utilizing design Value Engineering in Build Transfer Lease. 1. Questionnaires had been conducted, answered by those in the field. 2. Questionnaires were in regard to the obstacles in the application of design Value Engineering and activation schemes. 3. Five standards were provided to be chosen according to the degree of influence from each factor, whose answers were technically analyzed by a statistical program afterward. 4. Four obstacles classified in this method were approached systematically to analyze the problems. 5. Efficient Activation schemes have been suggested after various analyses in a variety of aspects.

• Journal of Wetlands Research
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• v.15 no.4
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• pp.461-469
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• 2013

Even though a sewer rehabilitation BTL project has been executed throughout the nation with the input of a significant amount of budget, the overall review on effectiveness of the project is insufficient. And disputes over effectiveness of the project and of the employment of I/I indexes for evaluation of the project are continued due to reliable issues of flux data which has been measured after completion of certain projects and excessive amounts of I/I. Thus, this study has reviewed effectiveness of the project, current status and problems of the installation of fixed flow meters as well as countermeasures based on 15 projects subject to the operation performance evaluation after the completion of the project. The review on operation of the project has revealed that sewer rehabilitation BTL projects are significantly effective and highly effective on reducing a rate of infiltration water. The review on the employment of proper countermeasures for main issues revealed during the investigation on the installation and operation of fixed flow meters has shown that such countermeasures could result in securing more reliable flux data.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.35 no.3
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• pp.192-203
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• 2012

As a leading nation of ubiquitous technology, South Korea has been promoting u-City pilot projects throughout the country. According to 'Fundamental Construction Law of u-City,' u-City projects are classified into old-town and new-town types. However, most projects have focused only on the new-town type. Pushing forward large-scale land development projects, Korea Land and Housing Corporation (LH Co.) under Ministry of Land Transport and Maritime Affairs (MLTM) has gained a development profit out of the u-City infrastructure and then donated the infrastructure to a local government without making any plan for operations. In the process of u-City pilot projects, old-towns have been relatively ignored and various of unexpected problems have emerged. Building the u-City of an old-town is not easy due to many constraints such as huge initial investment, long validity and verification procedures, lack of useful services for citizens, lack of professional outsourcing methods for business promotion, high operating costs of the integrated control center, inadequate law related, insufficient institutional requirements and so on. This paper introduces a case study on u-City development for an old-town, Ansan City, as a private investment project. The case will help boost u-City projects for old-towns by solving their problems and providing an effective operational mechanism. As the first BTL (Build-Transfer-Lease) project for constructing u-City, 'Broadband Information Network Development Project' of Ansan City will provide a reference model of expanding u-City projects for other cities.

• The Journal of Sustainable Design and Educational Environment Research
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• v.8 no.1
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• pp.11-22
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• 2009

School is a basic and the most fundamental facility of city planning just like other basic public facilities including the village office. Every plan is established on the basis of school. However, the problems such as the population reduction resulting from the nuclear family-zation and low birth rate, employment and welfare of the aged people resulting from "the old aged society", and the infant nursing and education resulting from a rapid increase of the working couples become notable and accordingly more requirements are being made. Reflecting this trend, the concept and operation system should be changed. Up to now, the BTL projects of the educational facilities are gaining a reputation of being efficient in terms of national budget running, but at the same time receiving negative reputation in terms of budget saving under the civil creativity and efficiency. Through upgrading the private sector investment projects into the BTO+BTL system and further into the BTO(Build Transfer Operate), we can accomplish the original goals of the private sector investment projects, and can make the education budget operation more efficient, and can greatly improve the education environments. However, we should not underestimate in this process that these facilities should not negatively affect the education environments. In any situation, the owners of schools are students.

• Journal of the Korea Institute of Building Construction
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• v.13 no.5
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• pp.506-512
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• 2013

Since the amendment of the law on the private sector investment in social infrastructure in January of 2005, the government has been actively promoting Build-Transfer-Lease (BTL) projects. Notably, most new educational facilities have been built as BTL projects. For these facilities, the unit cost per unit area has been applied to predict construction costs. However, since construction costs are mostly managed after the detailed design phase, the costs can be estimated incorrectly. For this reason, cost management is needed in the planning phase, with a sound approximate estimate to prevent the wasteful use of funds. To address this shortcoming, this study aims to develop a quantity prediction model for education facilities using regression analysis in the planning phase. The developed model is focused on the required quantities of reinforced concrete and bricks. In order to achieve the objective, the data of 44 educational facility projects collected from Gyeonggi-do was used in the regression model. This study can be utilized by major stakeholders to accurately predict construction costs by estimating the appropriate quantities of reinforced concrete and bricks in the planning design phase.

• KDI Journal of Economic Policy
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• v.39 no.1
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• pp.41-82
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• 2017

This paper studies the risks associated with local finance in Korea by identifying the financial status of each local government, including the financial burdens of PPP projects, and examined governmental future burdens related to PPP projects. We reviewed all fiscal burdens associated with projects, such as, for BTL (Build-Transfer-Lease) types of projects, facility lease and operating expenses, and, for the BTO (Build-Transfer-Operate) types of projects, construction subsidies that are paid at the construction stage, MRG (Minimum Revenue Guarantee) payments and the government's share of payment. Furthermore, we compared the annual expenditures of local governments on PPP projects against their annual budgets and checked if the 2% ceiling rule could be applied.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.36 no.6
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• pp.1133-1143
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• 2016

The purpose of this study is to improve project performance analysis indicators for BTL sewer rehabilitation projects. Among the assessment indicators for BTL sewer rehabilitation projects, an infiltration assessment indicator is given a high score of 17.5 points as a single assessment item. This infiltration assessment indicator is assessed focusing on the amount of infiltration, and presently calculated according to 'Nighttime Domestic Flow Evaluation' method. However, this assessment indicator's failure to reflect the geological features of Jeju region is emerging as a problem in the operational stage. Thus, this study intended to compare and analyze the calculation result depending on the assessment indicators and the actual amount of infiltration, centering on Jeju region. To this end, this study analyzed the amount of infiltration in five areas of Jeju Province calculated according to 'Nighttime Domestic Flow Evaluation' method. Also, a complete enumeration survey was carried out about the conditions for actual infiltration occurrence. According to the results of this survey, ground water level is distributed lower than the level of sewer pipes. The results of a sewer pipe function test show there was no infiltration occurrence caused by sewer pipe defect. So, it is concluded that 'Nighttime Domestic Flow Evaluation' method, which is utilized for the current assessment indicator, is not appropriate to apply to Jeju region, and it is thought that there is a need to establish infiltration criteria specialized for Jeju region.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2008.11a
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• pp.851-854
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• 2008

The purpose of this study is to predict the maintenance cost for military official residence building projects which were ordered for five military official residence building. In conducting this study, the adapted research method was to classify initial investment for each construction of the military official residence building and to estimate maintenance cost. This study was analyzed by studying the estimation of maintenance cost in the apartments and present value analysis method. The results of this research are as follows. 1) The initial investments was analyzed that the total construction cost would be 1,683,286 thousand won ; construction(79%), civil(3%), landscaping(2%), MEP(5%), heating and hot water supply system(5%), and water supply and sanitary system(6%) per square meter. 2) Based on the result analyzed above, the maintenance cost of the apartments was analyzed and then estimated the proper maintenance cost by using maintenance cost estimation method and present a value analysis method.

• Proceedings of the KSR Conference
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• 2004.10a
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• pp.965-970
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• 2004

The private investment on the SOC facilities is a worldwide tendency since it can supplement the insufficient investment of public finance in the construction of infrastructures. Alter the formulation of private investment law, private sector's investment on roads, harbors and environmental facilities are being progressed considerably. However, railway construction by private sector is not active comparing to the former areas because of huge investment for construction but relatively low and unpredictable benefit in operation. This paper reviews the financial, social and institutional aspects on the private investment for SOC projects, especially railway projects. Also, this paper tries to find the desirable way to expedite the private investment on railway project,. Conclusively, the paper propose that the private sector in railway projects is better constituted with financial investor and the private financing could be. activated and settled if a stable minimum benefit on their investment being ensured institutionally, for example, by BTL.

• Journal of the Korea Institute of Building Construction
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• v.17 no.5
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• pp.473-481
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• 2017

With the barracks modernization project, the Ministry of National Defense has been operating 60 projects of the 75 that have been announced. It was difficult to investigate and analyze the data in the past because data could not be obtained while it was much easier to do that since data can be obtained from private companies. With the aim of increasing the usability of the facilities, the objective of this study is to present a reasonable alternative for repair and maintenance costs by investigating and analyzing the budget and the actual expenses of repair and maintenance of military facilities for the past 3 to 5 years, and then identifying the problems with these. To accomplish this, a theoretical review of previous studies and legal grounds related to repair and maintenance costs was performed, and data on the estimates and the actual expenses data used in BTL projects carried out by private companies were analyzed. First, one of the problems was that there are some items omitted, including consumables, and these items should be included in order to secure their budget. Second, in terms of the items for divided payments, two improvements had been presented: a short-term payment plan for the operation period of 3 to 5 years and a long-term payment plan for an additional and complemented period other than the operation period. The repair and maintenance costs should be further studied at the point of time in a future when the actual data on the costs and operation period of military facilities can be secured. This study is expected to serve as empirical data that will form the basis for a reasonable calculation of the construction cost for military facilities.