• Title/Summary/Keyword: Build-Transfer-Lease

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A Study on development of Assesment System for BTL Project;Prediction of Reasonable Construction and Maintenance Cost in Education Facilities. (합리적 교육시설물 유지보수 및 공사비 예측을 위한 BTL 적격성 평가 시스템 개발에 관한 연구)

  • Son, Jae-Ho;Kim, Jae-On
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2006.11a
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    • pp.111-116
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    • 2006
  • The objective of this research is to develop an assesment system for BTL Project. A new method for the prediction of construction and maintenance cost in the educational facilities has been considered and under development by the authors. This paper explains the current BTL assesment method used by most local district office of education and lists its potential problems. Main conceptual modules in the new Assesment System are shown in this paper. Also, viable results of each module are discussed in this paper.

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A Study on Diversification of Financing Method for BTL Private Participation in Infrastructure by Introduction of ABS (자산유동화증권 도입을 통한 BTL 민간투자사업에서의 재원 조달 다양화 방안 연구)

  • Park, Young-Min;Kim, Soo-Yong
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2006.11a
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    • pp.378-383
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    • 2006
  • This study presents the results from an investigation into ABS to revitalize small and medium construction enterprises, and to analyze merits and demerits of ABS introduction using sensitivity analysis some realistic cases. According to some available procedures, this study suggests ABS introduction structure of new education facilities construction in BTL projects of two different types. In order to analyze the effectiveness of introduction, a model was built as new education facilities construction in this paper. In addition, this study tried to put a figure on finance interest changes by analyzing changes for earning rates and money that payed by the government. Moreover, this study also presents merits and demerits of ABS introduction.

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Development of Maintenance Management System Module in BTL Project for Educational Facilities (교육시설물 BTL 사업의 유지관리 시스템 모듈 개발)

  • Lee, Eun-Dong;Son, Jae-Ho;Kim, Jae-On
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.5
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    • pp.132-141
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    • 2007
  • According to the public information of the Ministry of Education & Human Resources Development, the construction project of educational facilities from 2005 to 2007 will use BTL (Build-Transfer-Lease) contract. Budget of those projects will be the worth over 13 trillion won. In this research, the estimation standards for the public health maintenance expenses are established which is the part of the operation and maintenance cost in the total BTL project cost. Also, a system core module using the developed standard was introduced in this paper. A comparative analyses were conducted with the several possible estimation case to validate the system developed.

Statistical Methods for the Use of Infiltration and Inflow as Performance Index in Sewer Rehabilitation Works (하수관거정비사업에서 침입수.유입수 성과지표 활용을 위한 통계적 방법론에 관한 연구)

  • Kim, Hyung-Joon;Park, Kyoo-Hong
    • Journal of Korean Society of Water and Wastewater
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    • v.24 no.5
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    • pp.617-628
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    • 2010
  • The operation performance of sewer rehabilitation projects conducted with Build-Transfer- Lease contract in Korea will be evaluated using the index of infiltration and inflow (I/I). Though I/I obtained at the fourth year should be initially evaluated based on the I/I values observed for the previous three years after the completion of sewer construction, the concrete methodology have not been proposed to rely on the so called 'performance evaluation committee'. This study suggests two statistical methodology to evaluate the I/I performance; the confidence interval method and the hypothesis-testing method. Assumed ten I/I values in each year for 20 years are used in this study. Two cases are analyzed and compared; case I to use as control data all I/I values for all years obtained before the evaluation year and case II to use I/I values for only 3 years before the evaluation year. As a result, case II tends to have relatively higher scores than case I, reflecting the low mean I/I values at the initial years.

Analysis of Human Resource Management System Requirement for School Facility Maintenance (학교시설 유지관리 인력운영 구조체제 요구 분석)

  • Choi, Byong-Mook;Lee, Yong-Hwan
    • The Journal of Sustainable Design and Educational Environment Research
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    • v.15 no.3
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    • pp.1-14
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    • 2016
  • School facilities are in 2000, diversification, mechanized and 'green' change rapidly. School facilities Maintenance, however, maintains a simple maintenance practices in the past. Fortunately, in 2005, from BTL maintenance practices in the private sector has introduced changes in business with the advent of school facilities continues. Thus, facilities maintenance practices that are dotted throughout the country, human resources, dear, detailed by the managing body by operations, facilities maintenance to restructuring the system. Effective the presentation of Improvement is needed.

A Study on the Analysis of Issue Items on Negotiation Stage of Build Transfer Lease Project (건축분야 임대형 민자사업 협상단계 쟁점 분석에 관한 연구)

  • Park, Yeong-Cheol;Lee, Gun;Lee, Hyun-Chul;Go, Seong-Seok
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.5
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    • pp.57-66
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    • 2009
  • This study aimed to find major issues on negotiations of the BTL project, to analysis the degree, and to investigate the underlying cause and propose solutions. Data were collected from authorities in charge and the companies which have participated in BTL projects. Also, the weights of major issues were analyzed using Analytic Hierarchy Process method(AHP), which uses pair-wise comparison between variables, and the degree of them were listed in the quantitative way. As a result, 4 part had each 2 reasons and others had one reason among 6 negotiation parts of first step. In addition, the solutions were indicated.

A Study on Application of Performance Warranty Contract to Building Construction (성능보증계약제도의 건축분야 적용 방안에 관한 연구)

  • Ko, Hyun;Kim, Kyung-Hwan;Lee, Youn-Sun;Kim, Jae-Jun
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2007.11a
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    • pp.687-690
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    • 2007
  • This study is a basic research on looking onto bringing performance warranty contract into the country, to consider the usage in architecture which it is usually used on road pavement in developed countries. The study will also apply performance warranty contracts on public private partnerships through examination and analysis of various matters which will lead to globalization of the korean architecture industry, the increase of quality of result, better convenience for the orderer, the decrease of cost, and the acceleration on research for technical development.

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A Comparative study on the ecological environment of Green Building Certified Schools (친환경건축물 인증 초·중등학교의 생태환경에 관한 비교연구)

  • Wang, Jeong-Joon;Seong, Soon-Taek;Kim, Byung-Seon
    • KIEAE Journal
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    • v.11 no.2
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    • pp.97-104
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    • 2011
  • Over the years, there have been many school construction projects resulting from the activation of the Build Transfer Lease(BTL). Furthermore, due to the need for the qualitative expansion of educational facilities, as well as the attempt to fulfill social requirements and the need for eco-friendly learning environments, these projects have become a major priority. As a result, the government has established a proper standard for school construction based on a certain level of green certification that has been mandated. The aim of this study is to assess the status of schools as relates to the composition of the ecological environment surrounding them. These elements of eco-friendly school facilities are larger than the educational environment and are directly related to the environmental and educational effects on the students. Looking at the overall results of this study, the areas of ecological environment outside school are found to be inadequate. Therefore, this field needs to adopt more realistic goals, and focus on the areas where the most improvement is needed.

A Study on the Causal Loop Analysis and the Economics of BTO and BTL System of PFI (BTL과 BTO사업의 인과순환구조 분석과 경제성 비교에 관한 연구)

  • Choi, Nam-Hee
    • Korean System Dynamics Review
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    • v.12 no.4
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    • pp.35-62
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    • 2011
  • PFI(Private Finance Initiative) for suppling SOC and public facilities instead of Government Infrastructure Project introduced from 1994. BTO(Build-Transfer-Operate) project had been major type of PFI system from 1994 to 2005. But after changed the Law of PFI on SOC, the BTL project newly introduced. In BTO system, the Government retrieves the investment through the operating income, but in BTL system, the government lease the facilities. As the BTO and BTL projects are widely adopted and implemented to ease the fiscal burden of government, but it has caused the tremendous fiscal burden each year over the period operation. Therefore this study attempted to analyze the question, that is, why government fiscal burden tipping? Hence, this paper, compares the difference of business structure between BTO and BTL project and explore the vicious and virtuous business structure, with the method of circular causal loop analysis. As a result, it has shown that there are some positive feedback and negative feedback loops cause the tipping and easing of government fiscal burden.

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DEVELOPMENT OF LIFE CYCLE COST ANALYSIS SYSTEM FOR THE BUILD-TRANSFER-LEASE PROJECTS

  • Chun-kyong Lee;Bong-ho Cho;Tae-keun Park
    • International conference on construction engineering and project management
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    • 2007.03a
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    • pp.119-129
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    • 2007
  • In January 2005, the BTL private investment project was introduced in the Korean construction market as part of the plan to provide high-quality public service and expand the required facilities in a timely manner. Nonetheless, problems such as the low earning rate at the beginning of the business, burden of service compared to the cost of the proposed business, and limitations of the local small and medium-sized companies in relation to their participation in the project arose. The LCC analysis system for the BTL projects was developed as part of efforts toward efficiently investigating the investment eligibility. Specifically, methods for LCC analysis were selected for each stage of the BTL project in relation to the requests of experts for military residential facilities and public educational facilities. Variables were then extracted to derive an accurate analysis value, LCC for the 5 cost items (initial investment cost, operating expenses, maintenance expenses, energy cost, and disposal cost), analyzed, and system enabling comparative analysis for single and multiple initiatives by year and item, developed. Thus, we have to clearly require the accumulation of data to examine the appropriateness of the results of LCC analysis based on data and results.

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