• Title/Summary/Keyword: Cost plus fixed Fee

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Fundamental Rearch to Prepare a Direction to Improve the Design Fee Standard through Case Analysis (사례분석을 통한 설계대가 기준 개선 방향 마련 기초연구)

  • Han, Jae Goo
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2020.11a
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    • pp.179-180
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    • 2020
  • In the budgeting guidelines, there are rules for calculating design fee and direct costs. However, only the design fee is calculated excluding the direct cost, which causes the cost to be insufficient. Therefore, this study is designed to analyze representative cases where direct costs are insufficient, draw out problems, and propose a way to improve design fees.

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Diagnostic Analysis and Influential Factors of CM Fee Estimation (CM 대가 산정방식의 문제점 분석에 대한 연구 -문화예술회관 사례를 중심으로-)

  • Yoo, Byeong-Gi;Jung, Chan-Young;Kim, Jae-Jun
    • Korean Journal of Construction Engineering and Management
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    • v.7 no.6
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    • pp.132-140
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    • 2006
  • On December, 1996, Construction Management(CM) was introduced in Korean construction industry due to its managerial efficiency proven in the international construction industries. However, It have had serious problems with many regulations, standards, manuals and details of practices considering its constituents and industry conditions. Especially, there were controversial points in the CM fee estimate; difference between the fee on the owner's view point and that from contractor's that impedes appropriate CM services. Therefore, this paper is to analyze public construction projects into Cm fee calculation such as fee as a percent of construction cost, cost plus fixed fee and contract price, and analyzed what is irrationality and why irrationality is made. So it makes a contribution to a study on standards for paper CM fee calculation.

Proposal and Evaluation of the Safety Inspection Cost Estimation Model for Multi-building Construction Project (군집시설물 건설공사의 안전점검 대가 산정모델 제안 및 평가)

  • Kim, Jin-Won;Bang, Jong-Dae;Sohn, Jeong-Rak
    • Journal of the Architectural Institute of Korea Structure & Construction
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    • v.33 no.12
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    • pp.11-18
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    • 2017
  • The safety inspection cost of the construction work was based on commercial facilities classified as a single building. Therefore, it is not possible to fully reflect the characteristics of the multi-building construction project such as apartment houses. Therefore, this study suggests a reasonable estimation model that can fully reflect the characteristics of the multi-building construction project. The safety inspection cost estimation model proposed two models such as construction cost ratio method and cost plus fixed fee method. And these models were simulated by the apartment construction work and compared with the current standard. As a result, the current construction cost ratio method has shown that the safety inspection cost tends to be overestimated as the construction size increases. Therefore, the proposed model has reflected characteristics of the multi-building construction project, so that it can reasonably estimate the safety inspection cost more than the current standard.

The Establishment of Improvement Direction through Case Analysis of Cost Standards in Overseas Construction Engineering (해외 건설엔지니어링분야 대가기준 사례분석을 통한 개선방향 마련)

  • Ko, Hyun A;Han, Jae Goo
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2020.06a
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    • pp.165-166
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    • 2020
  • The standard for the cost calculation in the field of domestic construction engineering can be largely divided into the construction cost ratio method and the actual cost addition method. However, the standard for calculating the cost of the construction cost ratio method is a trend to switch to the actual cost addition method due to limitations such as not reflecting the characteristics of the construction. Therefore, this study aims to derive implications by investigating and analyzing examples of cost standards in the field of overseas construction engineering, such as the United States, and deriving directions for improvement in domestic cost standards in the future.

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A Study on NOS Model System for The Construction Work Planing and Management (건설 시공 계획 및 관리 업무의 적용을 위한 NOS 모델 구축 연구)

  • Choi, Jaejin;Park, Hongtae
    • Journal of the Society of Disaster Information
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    • v.12 no.1
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    • pp.10-18
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    • 2016
  • This study presented a new NOS model through the following suggestions to apply the construction work planing and management to NOS(Network Operating System). First, This study presented CIMS(construction information classification system) reflected the characteristics of facility classification - functional component classification - functional component classification - work classification - resource classification. Based on this system. this study presented how to establish PMMB(performance measurement management baseline) with proposed master target equation which analyzed the trend of performance measurement management baseline and proposed work target equation which analyzed the execution results. Finally, this study presented NOS model that can be applied to fixed price method and cost plus fee method through the theoretical verification of executive performance analysis method.

A Benchmarking Study on CM Fee Estimation (해외사례 벤치마킹에 기반한 국내 CM 대가체계 개선 시사점 도출)

  • Kim, Sang-Bum;Lee, Jeong-Dae;Kim, Jae-Wook
    • Korean Journal of Construction Engineering and Management
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    • v.9 no.1
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    • pp.96-106
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    • 2008
  • The Korean Construction Industry significantly contributed to the Korean economic development not only by preparing the domestic infrastructure but also by successfully conducting various international projects. However, major incidents such as the collapse of Sung-Su Bridge and Sam-Pung Department Store along with stagnation of Korean Economy have raised questions about underlying systematic problems of the Korean Construction Industry. As a solution to resurrect the Korean Construction Industry, the Construction Management (CM) system introduced in late 1990's and increasingly utilized as an innovative delivery system. Despite of the fast growth of CM, the performance of CM has not been up to the hype and low CM fee has been identified as one of the main reasons of unsatisfactory CM performance. Therefore, this research attempted to propose ways of improving 'CM Fee Guidelines' published by Korean Ministry of Construction and Transportation by conducting a benchmarking study on Global Standards of estimating CM Fee. International organizations benchmarked in this research include CMAA, ASCE, DOL, DOE, etc. Various investigation and analysis revealed that Korean 'CM Fee Guidelines' need to significantly modified comparing to Global Standards. This research also tried to prepare recommendations to improve the CM deliver system focusing on the 'Method of CM Fee Estimation' and Selection of a CM firm as an owner's agent.

A Study on the Factors Affecting the Detailed Design Price of Road Construction Project (국내 도로공사 실시설계 대가영향요인에 관한 연구)

  • Lee, Mi-Young;Seo, Jung-Hoon;Oh, Se-Wook
    • The Journal of the Korea Contents Association
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    • v.18 no.9
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    • pp.44-54
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    • 2018
  • In the construction project, the design field has a crucial effect on the success or failure of the final product, and it is becoming more important as a core area of national industrial development because it creates high value added by technology. In addition, since the design work is carried out based on professional technical personnel, in order to secure the quality and competitiveness of the design, it is necessary to continuously input the excellent manpower and develop the technology, and above all, the appropriate design cost must be ensured. However, as a result of reviewing the current status of the design cost criterion in Korea, problems such as mixed cost calculation method, inaccuracy of construction cost ratio method, and inactivation of cost plus fixed fee method were analyzed. Therefore, it is difficult to calculate the fair value reflecting the characteristics of the project when calculating the construction design price. Therefore, the price criterion should be improved so that the fair value of the design can be determined according to the contents of the project, By analyzing the correlation and multiple regression analysis of the projects and price information of the completed road construction design, the factors influencing the design price and the level of influence were analyzed.

A Criterion for Estimating Supervision Cost Considering the Change Factors by Construction Works (공사별 변동요인을 고려한 적정 감리대가의 산정기준 연구)

  • Lee, Bae Ho;Kang, Leen Seok;Lee, Yang Gyu
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.14 no.5
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    • pp.1199-1208
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    • 1994
  • In the country, supervision cost is being estimated by percentages of construction cost or cost plus a fixed fee without a reasonable standard. This type has no function for adjusting supervision cost according to variables, such as construction work complexity, extent of supervisory services, fluctuations in prices. In this study, an objective criterion to estimate supervision cost with improved supervisory services has been developed, in which adjusting functions as stated above should be properly considered. A comparative study of supervisory service systems in foreign countries and a survey through questionnaire were carried out for the study. An objective criterion from the results is proposed in the form of an expression or table.

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A basic study for Introduction of Standards Governing Compensation for Design Service of Mechanical Facilities of Buildings (건축기계설비 설계용역 대가기준 도입을 위한 기초연구)

  • Han, Jae-Goo
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2017.11a
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    • pp.189-190
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    • 2017
  • As buildings take on more advanced features, mechanical facilities of buildings are accounting for increasingly greater significance in building construction projects. However, mechanical facility designers are forced to be content with design service fees that do not properly compensate their excessive workload, with lowest-bid-first tendering practices compounding their economic woes. In relation to this, this Study aims to offer suggestions for better standards for compensation of design service for mechanical facilities of buildings, highlighting five key suggestions in consideration of relatively small size of work and unmatched long duration of work.

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A Study on the Standard of Estimate for Vitalizing the Natural Environment Restoration Industry (자연환경복원산업 활성화를 위한 표준품셈 연구)

  • Jin, Ki Jung;Koo, Bonhak
    • Journal of the Korean Society of Environmental Restoration Technology
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    • v.16 no.2
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    • pp.23-40
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    • 2013
  • The natural environment restoration industry has been newly included in the environment area of engineering technology. Accordingly, the enactment of a standard of estimate for determining the 'Cost plus Fixed Fee' method has become necessary for the implementation and vitalization of natural environment restoration projects. The purpose of this study is to determine the standards for which the prices for engineering projects are calculated with respect to the enactment of an engineering project standard of estimate in the natural environment restoration field. These include the scope of the technological work, standard area, manpower requirements by technical grade that are necessary for carrying out the technological tasks. Relevant laws and regulations, systems and precedent case studies were investigated and analyzed to establish a price calculation standard. The overall results of the analysis were used and applied to questionnaires, public hearings, and expert delphi techniques. The study showed the following results: The scope of the technological work was categorized into 'Biotopes', 'Eco-corridors' and 'Ecological restoration'. The standard area was set up as $1,000m^2$ for 'Biotopes' and $5,000m^2$ for 'Eco-corridors' and 'Ecological restoration'. The manpower requirements by technical grade that are necessary for carrying out the technological tasks were determined. The suitability of the costs, standard area, manpower requirements by technical grade of ordered engineering projects that are determined by applying the standard of estimate for natural environment restoration that may be enacted pursuant to this study may be effectively investigated and analyzed. Moreover, further studies on the calculation of standard prices that can ensure the stability of natural environment restoration projects will be necessary.