• Title/Summary/Keyword: Contract Method

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A Study on the Regulation Improvement of the Public IT Project Contract Law (공공IT 프로젝트 계약법의 제도개선에 관한 연구)

  • O, Jong-U;No, Gyu-Seong;Son, Dong-Gwon;Kim, Sin-Pyo;Lee, Geun-Bae;Park, Yeong-Min
    • 한국디지털정책학회:학술대회논문집
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    • 2005.11a
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    • pp.231-242
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    • 2005
  • The purpose of this study is to generate a proper regulation improvement direction of the public IT project contract law through the current four contract methods and three methods of the awarding party of a contract method. The research method for this paper is derived from the written materials of the present public IT project contract law. Two problems have been processed in order to produce the results: the current contract methods and the awarding party of a contract method. The current contract methods consist of a competition contract, a private contract, and a supply methodology contract. The methods of the awarding party of a contract display a qualified evaluation regulation, the 2nd step competition bid, a standard cost separation tender, and a contract by a negotiation. The results exhibit that the general competition contract consists of four improvement items. The contract by a negotiation contains five improvement items. The group private contract has one improvement item. And the private contract includes one improvement item. These results implicate that the current public IT project contract law demands better improvement work for the ubiquitous Korea.

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Case Studies of a Performance-Based Contract for National Highway Pavement Maintenance (성능보증제도를 적용한 일반국도 유지보수공사 시범사업)

  • Lim, Jaekyu;Kim, Yongjoo;Kim, Myeongil;Lee, Jaejun
    • International Journal of Highway Engineering
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    • v.20 no.1
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    • pp.1-8
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    • 2018
  • PURPOSES : Case studies of an asphalt-overlay project with a performance-based contract method were conducted on a national highway in Korea to evaluate the effect of the method on asphalt pavement maintenance. This study evaluated the procedure of the performance-based contract method. METHODS : In this study, an asphalt-pavement maintenance project for a national highway was assessed with a performance-based contract to investigate the advantage of the new contract procedures. This is the first trial applying the performance-based contract to a pavement-rehabilitation project in Korea. In the four case studies, the warranty period of the performance-based contract was designed for seven years. The research team monitored the construction site to compare the normal contract method with the performance-based contract method. The case studies' project sites were investigated after the end of the construction. RESULTS : Based on the limited case studies, the performance-based contract method could extend the service life of the asphalt pavement and reduce the pavement-maintenance budget because the quality control was well managed by the contractors. However, a few construction laws would be necessary to apply the performance-based contract method in the future. CONCLUSIONS : Using the performance-based contract, the construction company made great efforts to guarantee the warranty period and to apply the optimal maintenance method, based on the pavement distress condition. The contractor and the agency would need to understand the new performance-based contract system for it to be activated. Therefore, a proper education program for the performance-based contract system would be needed to educate the stakeholders regarding the procedures and their effects on the pavement management and maintenance.

A Study on the Innovative Scheme of the Public IT Project Ordering and Receiving Systems (공공 IT 프로젝트 수발주 제도의 개선방안 연구)

  • Oh, Jong-Woo;No, Gyu-Seong;Kim, Sin-Pyo
    • Journal of Digital Convergence
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    • v.4 no.2
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    • pp.97-108
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    • 2006
  • The purpose of this study is to generate a proper regulation improvement direction of the public If project contract law through the current four contract methods and three methods of the awarding party of a contract method. The research method for this paper is derived from the written materials of the present public IT project contract law. Two problems have been processed in order to produce the results: the current contract methods and the awarding party of a contract method. The current contract methods consist of a competition contract, a private contract, and a supply methodology contract, The methods of the awarding party of a contract display a qualified evaluation regulation, the 2nd step competition bid, a standard cost separation tender, and a contract by a negotiation. The results exhibit that the general competition contract consists of four improvement items. The contract by a negotiation contains five improvement items. The group private contract has one improvement item. And the private contract includes one improvement item. These results implicate that the current public IT project contract law demands better improvement work for the ubiquitous Korea.

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A Study on the Legislation Scheme of the Public IT Project Ordering and Receiving Systems (공공IT 프로젝트 수발주 제도의 법제화 방안 연구)

  • O, Jong-U;No, Gyu-Seong;Son, Dong-Gwon;Kim, Sin-Pyo;Lee, Geun-Bae;Park, Yeong-Min
    • 한국디지털정책학회:학술대회논문집
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    • 2006.06a
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    • pp.319-353
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    • 2006
  • The purpose of this study is to generate a proper regulation improvement direction of the public IT project contract law through the current four contract methods and three methods of the awarding party of a contract method. The research method for this paper is derived from the written materials of the present public IT project contract law. Two problems have been processed in order to produce the results: the current contract methods and the awarding party of a contract method. The current contract methods consist of a competition contract, a private contract, and a supply methodology contract. The methods of the awarding party of a contract display a qualified evaluation regulation, the 2nd step competition bid, a standard cost separation tender, and a contract by a negotiation. The results exhibit that the general competition contract consists of four improvement items. The contract by a negotiation contains five improvement items. The group private contract has one improvement item. And the private contract includes one improvement item. These results implicate that the current public IT project contract law demands better improvement work for the ubiquitous Korea.

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A Study of Factors Influencing Delivery Methods Selection on Public Construction Projects (공공공사 발주방식 선정에 영향을 미치는 요인 연구)

  • Kim, Dae-gil;Lee, Ung-Kyun;Lee, Hak-Joo
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2014.11a
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    • pp.218-219
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    • 2014
  • The selection of an appropriate contract method is vital for the successful operation of the project. However, there has been a lack of studies on objective decision making support models for use in the planning stage of a project contract. The present study had the goal of analyzing the factors that influence contract method selection, as an initial study for developing a project contract method selection model. The existing related studies were analyzed, and the factors considered in the literature were selected. Then, based on the findings, the opinions of an expert group on the important factors for contract method selection were collected through a survey. The collected opinions were analyzed using factor analysis, a statistical analysis method. The results will be utilized in the future as preliminary data for developing a decision making model for selecting a contract method.

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An Analysis of Differences between Contract Costs Estimated by the Actual-Cost-Data-based Method and the Quantity-based Method (실적공사비적산제도 도입에 따른 도급금액 변동 분석)

  • Park Chang-Bae;Kim Dong-Young;Kim Ju-Hyung
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2004.11a
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    • pp.510-514
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    • 2004
  • This research is a preliminary one to investigate transitional problems of actual-cost-date-based contract cost estimation method and suggestions for counteracting them. As parts of it, in this paper, the brief background and methods of the new method and contract costs estimated by introducing it are presented. The results of five projects' contract costs are compared to those estimated by the conventional quantity-based method. Comparison of the both is conducted in terms of total contract costs and contract costs according to type of sub-contracts. Finally, the propositional differences of the later to the former are analysed.

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Optimal Hedge Strategy Using Future Contract in the Vesting Contract Electricity Market (베스팅계약 전력시장에서 선물 최적헷지전략 연구)

  • 맹근호;송광재;박종근
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.53 no.7
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    • pp.414-419
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    • 2004
  • In TWBP new uncertainty will be increased. Risk management is risen to a important problem. Vesting contract makes market Players trade at fixed price in TWBP early stages. In the case of advanced country, market players manage risk with a future contract. When a risk management method moves from vesting contract to future contract, it may have to use together two contracts for schedule period. In this paper, risk management strategy that use vesting contract and forward contract at the same time is proposed.

A Comparative Study on the Construction Contract Method of Korea and China (한국과 중국의 건설 계약 방식 비교연구)

  • Jang, Ryu-Wee;Lee, Yoon-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.662-665
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    • 2007
  • There are many contract patterns in the international construction market, such as CM, EPC, PM and so on. To be geared to international standards, the Construction Ministry of P.R.C improved the laws and regulations related to the construction contract. Therefore, some international contract patterns are available in China now, but the application of the international contract patterns is still in the early stage, At the same time South Korea has made a great achievement to use the international contract patterns in the practical projects. This pater carried out a study to identify differences of construction contract patterns between these Chinese construction market and Korean construction market, and to learn from each other to gain more experiences.

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A Study of the Improvement for the Contract Types and Contract Category of the Weapon Systems (무기체계류 계약형태 및 계약종류 개선방안 연구)

  • Kim, Ki-Taek;Park, Hong-Rae;Cho, Yong-Gun
    • Journal of the military operations research society of Korea
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    • v.34 no.3
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    • pp.13-29
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    • 2008
  • The purpose of this study is to propose a model of the contract type and contract category in the process of programs in each stage which is the procurement by defence improvement program of a large long term programs. When requiring the contract, contractor confirms the contract type and contract category of the review the contract in bulk, separate contract by repeatedly. For the study of improvement method we used previous research paper, reports of DAP A and KIDA, laws of contract and other several materials. and we also applied the rational contract type and contract category for the general mass production program weapon system based on the analysis of contract states concluded with DAPA and old-DAPA, and collect the public opinions of the defense industry.

Improvement contract sum adjustment method caused by price fluctuation (물가변동에 의한 계약금액 조정방안 개선 기초연구)

  • Cho Hun-Hee;Seo Jang-Woo
    • Proceedings of the Korean Institute of Building Construction Conference
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    • v.y2004m10
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    • pp.83-86
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    • 2004
  • Index adjusted ration method has been widely utilized in public construction secter for contract sum adjustment by price fluctuation. In this method. the Production Price Index are used for calculating the base ratio. but the PPI can't reflect the property of construction project in respect of the selected item and weight structure. In this research we prove the problem of using the index adjusted ration method in contract sum adjustment by price fluctuation. and improve it by using the construction cost index. which has the property of construction project. And the result. we figure out the difference between the PPI and CCI by $6.7\%$ in maximum value.

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