• Title/Summary/Keyword: plus construction

Search Result 161, Processing Time 0.037 seconds

EVALUATION OF COST-TIME RELATIONSHIPS FOR CONTRACTORS PARTICIPATING IN COST-PLUS-TIME BIDDING

  • Saeed Abdollahi Sean Pour;Hyung Seok David Jeong
    • International conference on construction engineering and project management
    • /
    • 2013.01a
    • /
    • pp.479-487
    • /
    • 2013
  • State Highway Agencies (SHAs) have started utilizing cost-plus-time bidding (A+B bidding) since Federal Highway Agency (FHWA) declared it operational on May 4, 1995. Although this technique has successfully accelerated many projects by incorporating construction time in the bidding competition, a framework to illustrate the interactions of incentive/disincentive (I/D) rates on the competitiveness of contractors participating in the bid competition is yet to be developed. In a previous research, authors indicated that for each bid competition there is an efficient cap for I/D rates which are dictated by the capabilities of contractors in project acceleration. However, the results of previous study were based on the assumption that there is a statistically significant relationship between cost and time. In this study, the entire cost-plus-time projects implemented by the Oklahoma Department of Transportation (ODOT) were investigated. Then the significance of relationship between cost and time were analyzed for each contractor utilizing Analysis of Variance (ANOVA) technique, and the price-time function of each contractor was determined by regression analysis. The results of the analysis indicate that there is a significant relationship between cost and time for the majority of contractors. However, a quadratic relationship is not always significant and for some contractors a linear price-time relationship is significant. The results of this project can be used not only by ODOT to optimize the incentive/disincentive rates but also by contractors to determine the most competitive strategies of other bid participants.

  • PDF

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
    • /
    • v.33 no.12
    • /
    • pp.11-18
    • /
    • 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.

Development of Safety Management Software Related to the Safety Level of Small & Medium Size Construction Sites (중소규모 건설현장의 안전수준을 고려한 안전관리 프로그램의 개발)

  • 안홍섭;이재용;장명훈;최순주;고성석
    • Journal of the Korean Society of Safety
    • /
    • v.14 no.2
    • /
    • pp.170-177
    • /
    • 1999
  • In these days, large construction companies computerize safety management function and use softwares but small and medium ones do not have any or little in Korea, although it is much mote necessary for the latter having high accident ratios than for the former to make efforts to develop computerized safety management tools. That is, a reason why no safety management program has been developed and construction accident are required to be reduced outstandingly, computerized safety management systems are much needed to be developed. Thus, safety management software named SAFETY PLUS has been developed in this research that has 4 management scopes classified by the size of construction project. The utilization of SAFETY PLUS will be able to increase both effectiveness and efficiency of safety management efforts and result in drastic decrease of construction accidents.

  • PDF

THE EQUIVALENCE OF TWO ALGEBARAIC K-THEORIES

  • Song, Yongjin
    • Korean Journal of Mathematics
    • /
    • v.5 no.2
    • /
    • pp.107-112
    • /
    • 1997
  • For a ring R with 1, the higher K-theory of Quillen is defined by the higher homotopy groups of the plus construction of the general linear group of R. On the other hand, the Volodin K-theory is defined by the higher homotopy groups of the Volodin space. In this paper we show that these two K-theories are equivalent. We show that the Volodin space is a homotopy fiber of the acyclic map from BGL(R) to its plus construction.

  • PDF

Empirical Analysis of Man-hour Data to Support a Cost-Plus Pricing Approach for Estimating BIM Service Costs

  • Koo, Bonsang;Lee, Ghang;Kim, Chung-woon;Shin, Byungjin
    • International conference on construction engineering and project management
    • /
    • 2015.10a
    • /
    • pp.660-661
    • /
    • 2015
  • Building Information Modeling (BIM) is a nascent technology in Korea, and currently lacks formal guidelines to assist Architectural and Engineering (AE) firms in estimating BIM service fees, while also allowing government agencies to allocate budgets for the rendered BIM services. This research provides a method to estimate costs for BIM services based on the cost-plus pricing framework. The approach requires a generalized estimate of the man hour per floor area data to calculate the direct labor costs. Man-hour data were collected from forty five projects that have implemented BIM. Interpolation of the man-hours was performed to develop a general reference table for 'Type 2' (i.e., public schools and office buildings, etc.) projects. By providing an objective approach for estimating the costs of BIM services, it allows clients and AE firms to agree upon a fair cost for BIM related services, and thus expedite its adoption in Korea.

  • PDF

Optimizing Urban Construction and Demolition Waste Management System Based on 4D-GIS and Internet Plus

  • Wang, Huiyue;Zhang, Tingning;Duan, Huabo;Zheng, Lina;Wang, Xiaohua;Wang, Jiayuan
    • International conference on construction engineering and project management
    • /
    • 2017.10a
    • /
    • pp.321-327
    • /
    • 2017
  • China is experiencing the urbanization at an unprecedented speed and scale in human history. The continuing growth of China's big cities, both in city land and population, has already led to great challenges in China's urban planning and construction activities, such as the continuous increase of construction and demolition (C&D) waste. Therefore, how to characterize cities' construction activities, particularly dynamically quantify the flows of building materials and construction debris, has become a pressing problem to alleviate the current shortage of resources and realize urban sustainable development. Accordingly, this study is designed to employ 4D-GIS (four dimensions-Geographic Information System) and Internet Plus to offer new approach for accurate but dynamic C&D waste management. The present study established a spatio-temporal pattern and material metabolism evolution model to characterize the geo-distribution of C&D waste by combing material flow analysis (MFA) and 4D-GIS. In addition, this study developed a mobile application (APP) for C&D waste trading and information management, which could be more effective for stakeholders to obtain useful information. Moreover, a cloud database was built in the APP to disclose the flows of C&D waste by the monitoring information from vehicles at regional level. To summarize, these findings could provide basic data and management methods for the supply and reverse supply of building materials. Meanwhile, the methodologies are practical to C&D waste management and beyond.

  • PDF

An Analysis of the 2014 Pricing Guide for Technical Service Contracts through Comparison with Foreign Countries' Cases (해외사례 비교를 통한 2014년 개정 건설기술용역 대가기준 분석)

  • Lee, Taewon;Lee, Ghang
    • Korean Journal of Construction Engineering and Management
    • /
    • v.16 no.3
    • /
    • pp.152-164
    • /
    • 2015
  • Enhancing clarity and transparency of the pricing guide for technical services for public construction works enables the prediction and reimbursement of the service cost for project owners and bidders, while it would also yield benefits for engineers who carry out the construction tasks. In order to improve the global competitiveness of construction service industry, the government revised its pricing guide for techical services for construction works recently, moving away from its previous percentage-of-construction-cost method towards the Cost Plus a Fee Method. However, since the Cost Plus a Fee Method results in the rise of the service price by 153%~197%, there is the need for a review on the method and basis of the adjustment in order to avoid controversies regarding the application of the revised method. In this context, this paper analysed the 2014 revision of the pricing guide for technical services for public construction works through comparison with foreign cases including those of the US and the UK. The analysis yielded the conclusion that, while the shift towards Cost Plus a Fee Method which is widely used in advanced economies is a very meaningful change in large measure, certain aspects still remain problematic. Unlike in advanced economies, the detailed break-down shows the direct labor cost includes certain indirect expenses. Also, indirec expenses are admitted so comprehensively as to include overhead costs and technology royalties. These problems results in redundant estimation of certain expenses, and obstructs transparency in spending details. This paper proposes various improvement measures to address these issues.

MATERIAL MATCHING PROCESS FOR ENERGY PERFORMANCE ANALYSIS

  • Jung-Ho Yu;Ka-Ram Kim;Me-Yeon Jeon
    • International conference on construction engineering and project management
    • /
    • 2011.02a
    • /
    • pp.213-220
    • /
    • 2011
  • In the current construction industry where various stakeholders take part, BIM Data exchange using standard format can provide a more efficient working environment for related staffs during the life-cycle of the building. Currently, the formats used to exchange the data from 3D-CAD application to structure energy analysis at the design stages are IFC, the international standard format provided by IAI, and gbXML, developed by Autodesk. However, because of insufficient data compatibility, the BIM data produced in the 3D-CAD application cannot be directly used in the energy analysis, thus there needs to be additional data entry. The reasons for this are as follows: First, an IFC file cannot contain all the data required for energy simulation. Second, architects sometimes write material names on the drawings that are not matching to those in the standard material library used in energy analysis tools. DOE-2.2 and Energy Plus are the most popular energy analysis engines. And both engines have their own material libraries. However, our investigation revealed that the two libraries are not compatible. First, the types and unit of properties were different. Second, material names used in the library and the codes of the materials were different. Furthermore, there is no material library in Korean language. Thus, by comparing the basic library of DOE-2, the most commonly used energy analysis engine worldwide, and EnergyPlus regarding construction materials; this study will analyze the material data required for energy analysis and propose a way to effectively enter these using semantic web's ontology. This study is meaningful as it enhances the objective credibility of the analysis result when analyzing the energy, and as a conceptual study on the usage of ontology in the construction industry.

  • PDF