• Title/Summary/Keyword: general contractor

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Risk Mitigation Methodology of the General Conditions of Contract (공사계약일반조건의 위험요인 감소방안)

  • Yoon, Chul-Sung;Kwon, Soon-O;Kim, Seon-Gyoo
    • Korean Journal of Construction Engineering and Management
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    • v.6 no.5 s.27
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    • pp.177-185
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    • 2005
  • Construction uncertainties are frequently exposed to the claims. In most cases, an interpretation of the claims is based on the construction contract. Therefore, the key points of contract negotiation are how to fairly distribute the contract risks to the client and contractor. For these, a FIDIC that is considered as an international standard contract form would be a good reference to decide reasonable contract risk distribution. In order to find out any unreasonable and unfair contract clauses at the general conditions of contract applying generally to public construction project in Korea, this study surveys, analyses and evaluates the general conditions of contract based on a FIDIC, and then proposes a risk mitigation methodology to response those clauses' risk factors reasonably.

A Study on the Perceptions and Current Practices in Estimating Risk Cost of Contractor's Construction Budget - Focused on Building Projects - (종합건설사 실행예산 편성 시 리스크 비용 산정에 관한 인식 및 실태에 관한 연구 - 건축공사를 중심으로 -)

  • Choi, Jeong Won;Kim, Han Soo
    • Korean Journal of Construction Engineering and Management
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    • v.23 no.3
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    • pp.13-24
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    • 2022
  • Construction projects are exposed to various types of risks, which tend to increase. The increasing risks call for contractors' more attentions to forecasting and dealing with these risks. One of the measures to deal with contractors' risks is to forecast or estimate risk cost and include it in the construction budget. Although various researches in relation to risk cost have been observed, little attention has been paid to general contractors' perceptions and current practices in estimating risk cost of construction budget. The objective of the study is to identify and discuss key characteristics and implications based on the survey and analysis of general contractors' perceptions and current practices in estimating risk cost of construction budget. The study shows that there is a gap between the perception and the practice of estimating risk cost, that is, high perception of the importance of risk cost and a relatively low level of practice. It suggests that historical cost data, guidelines and corporate-level standard procedures are required to improve the current practice in addition to sufficient time allocations for risk cost estimating. It discusses that there is a need for using sophisticated estimating techniques including bid data analytics despite a low level of the current adoption, and also proposes that research and development in the field of the sophisticated estimating techniques should be further implemented in order to increase their practicality.

The Analysis of Current Daily-Report System and The Proposal of Improvement Framework (작업일보 현황 분석에 따른 개선방향 제시)

  • Kim Bong-nyoun;Kim Chang-Duk;Ee Hyun-Soo;Kim Sun-Kuk;Seo Sang-Wook
    • Korean Journal of Construction Engineering and Management
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    • v.4 no.2 s.14
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    • pp.66-73
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    • 2003
  • Building construction projects are performed by a number of sub-contractors specialized in diverse trades. Therefore information management among these constituents is quite challenging especially due to exponentially increasing manpower and material resources. In recognition of the importance of information management in project sites a number of systems have been suggested, but the application is limited one of the main reason is that general contractors use these systems and sub-contractor's participation understanding and financial ability are limited. Besides other problems such as loss along communication channel, distortion of information due to inefficient input device and tremendous amount of time and labor are required for collection analysis, and management of information to prepare a daily-report. Therefore the Purpose of this study is to improve reporting process through analyzing current daily reporting system. This paper also suggests the direction of the improved daily reporting system to enhance the performance of construction projects through incorporating sub-contractor's participation in daily reporting system.

A Study on Qualification for Possessory Lien on and Auction of Unregistered Buildings (미완성건물의 유치권 및 강제경매 대상적격에 관한 연구)

  • Lee, Jae Seog;Jung, Bo Seon;Lee, Sang Youb
    • Korea Real Estate Review
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    • v.28 no.4
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    • pp.53-62
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    • 2018
  • When the contractor does not receive payment for his work due to the client's funding default, he can take various legal measures against the client, in addition to refusing to transfer the building under construction to the client. To claim top payment priority and to demand the equal enforcement of the law by applying for compulsory auction or auction by exercising the right of lien, the contractor should know the construction phase or the point in time when he could exercise a lien or apply for a forced auction of the unregistered building. This study was conducted to examine qualification for lien and auction of an unregistered building. First, the general criteria for qualification for lien from qualification for ownership were examined. This means that an unregistered building can be subject to lien from a certain point in time in the construction phase, where the ownership is qualified as an independent real estate with minimal pillars, roofs, and walls. Second, the contents of the narrow and broad auction qualification were analyzed. As the contractor can select the appropriate legal means to reimburse the construction cost for the unregistered building, the results of this study are expected to provide the bases for qualification for lien on and auction of unregistered buildings.

Performance based Construction Specifications and Design Criteria Development Plan of Electrical Installations (건축전기설비분야의 성능중심 건설기술기준 작성 지침 개발)

  • Kim, Se-Dong;Lee, Kwang-Sik;Choi, Eun-Hyeok
    • Proceedings of the Korean Institute of IIIuminating and Electrical Installation Engineers Conference
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    • 2007.11a
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    • pp.209-212
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    • 2007
  • It is increased electrical energy consumption with the development of intelligence society in buildings and thus an energy conservation through efficient use of electricity and reliability, safety, etc became more important. This research paper intensively investigated performance based construction specifications and design criteria of electrical installations in domestic and foreign country. It is necessary to analyze the key features based on performance and general trend about contractor guarantee, warranty method, performance design criteria from the investigated data. This paper shows a reasonable performance based construction specifications and design criteria of electrical installations.

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Formulation to Produce Safety Engineers by Project Amount Assigned to Construction Site (건설공사 금액별 안전관리자 선임수 산정식 도출에 관한 연구)

  • Son, Ki-Sang;Gal, Won-Mo;Choi, Jea-Nam
    • Journal of the Korean Society of Safety
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    • v.24 no.3
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    • pp.25-31
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    • 2009
  • Safety engineers should be reasonably assigned to construction sites in order to prevent accidents specially for large-scaled projects. More engineering-oriented safety engineers should be assigned to those large-scaled projects because accident causes are found to be due to more technical aspects rather than general safety problems. more experienced engineers should be assigned to larger scaled projects for covering more technical aspects. This one is analyzed by the existing accident results. This study is to find out some formulae to calculate how many safety engineers should be assigned to construction sites, by amounts, by project kinds, by project scales, by engineer grades. So that construction contractor can assign them to their site economically.

A Case Study of Quality Management System Program in General Contractor (종합건설회사의 품질경영시스템 적용사례연구;H건설 사례 중심으로)

  • Yang, Ki-Hwan
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2006.11a
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    • pp.588-592
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    • 2006
  • Information trend in whole domestic industries can not be a exception for construction industry either. However, Construction companies applying quality information management system(QIMS) through practical use of internet is very limited. Consequently, this research finds the established sample of quality information management system(QIMS) of H-construction company out, and the quality is established to the practical use of the system to be like the this. therefore, the construction industry wished to become opportunity that construction industry competitive power is recognized cosmopolitanly to quality management system(QMS).

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Antifungal Durability Evaluation of Sanitary Sealant (방균실란트의 방균지속성 평가)

  • Seo, YeonWon;Jung, Jin-young;Ahn, Myung-Su;Kim, Sung Hyun;Bae, Keesun
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2014.11a
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    • pp.65-67
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    • 2014
  • There are many elastomeric joint sealant applications in construction such as structural glazing, weatherproofing and insulating glass fabrication etc. Each sealant joints require unique durability functions to perform well through building life cycle. Elastomeric joints in bathroom and kitchen is one of areas which require durable sealing. In this application, anti fungal durability is proprietary function of sealant during building life cycle. Premature failure of anti fungus resistance of sealant is putting big stresses to general contractor as well as the inhabitants due to costly rework and poor sanitation. Accordingly, when chemists design a product, they must take into account various parameters not only formulation components also test conditions in order to have long term fungal durability. This paper reviews several biocide options with various industry standards for fungus resistance performance to suggest making new test method for construction sealant industry.

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A Study on Construction Contractors in Daegu During the Japanese Colonial Rule (일제강점기 대구의 토목건축청부업자에 관한 연구)

  • Lee, Jin-Hyun
    • Journal of architectural history
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    • v.19 no.6
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    • pp.173-186
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    • 2010
  • This article is about the study on construction contractors in Daegu during the Japanese Colonial Rule. The first construction contractors who involved with Kyong-bu railroad work in 1904 personally. But, after they go through the bidding method, changed by the Japanese Government General of Korea in 1922, and the second bid rigging in 1932, contractors was changed gradually the organization into unlimited partnership, limited partnership or stock corporation. The number of them was increased. Most contractors were Japanese, and organized a limited partnership which has been capitalized at 30,000 won. On the other hand, Korean contractors couldn't work at an important part, except for the personal activities of Youngsil Lee(李永實). They were usually employed as consultants or field deputies by Japanese contractors. After the Liberation, Japanese construction contractors returned to Japan, however Tatuoka-kumi(龍岡組), Yasiro-kumi(屋代組) and Sakano-kumi(坂野組) that was leading the business which were took over by Koreans. They were leading architecture field in Daegu.

Design and Performance Analysis of a Small Circulating Water Channel for Ocean Engineering (해양공학용 소형 회류수조 설계 및 성능분석)

  • Yim, Young-Bae;Jeong, Uh-Cheul;Park, Chan-Won;Hong, Ki-Sup
    • Proceedings of the Korea Committee for Ocean Resources and Engineering Conference
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    • 2003.05a
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    • pp.198-202
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    • 2003
  • A small circulating water channel (CWC) for experiments ocean engineering is designed and made through the co-work of a company, MESTEC, and a college, Inha Technical Research Institute. General function of the elements of CWC are explained. The velocities in the test section are measured and analysed to estimate the performance of the CWC. The result of the velocity distribution is acceptable for experiments of ocean engineering.

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