Project Performance Evaluation of Multi-prime Contracts in Comparison with General Contractor Contracts
This research focuses on multi-prime (MP) contracts, as an alternative contracting method to general contractor (GC) contracts, to reduce the construction costs of the Korean government. Two pilot projects were executed under MP contracts with direct owner management (without professional constructi...
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| Format: | Article |
| Language: | English |
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Taylor & Francis Group
2017-09-01
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| Series: | Journal of Asian Architecture and Building Engineering |
| Subjects: | |
| Online Access: | http://dx.doi.org/10.3130/jaabe.16.613 |
| _version_ | 1797755567907799040 |
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| author | Kyungrai Kim |
| author_facet | Kyungrai Kim |
| author_sort | Kyungrai Kim |
| collection | DOAJ |
| description | This research focuses on multi-prime (MP) contracts, as an alternative contracting method to general contractor (GC) contracts, to reduce the construction costs of the Korean government. Two pilot projects were executed under MP contracts with direct owner management (without professional construction management services). The project performance (i.e., construction costs, schedule, defects and participant satisfaction) under the MP contracts was then compared with a GC contract. The results show that construction costs reduced somewhat but not as much as expected (8% reduction). Direct construction costs were also reduced using the lowest bid system, but indirect construction costs, such as common laborer costs, increased. Fast track construction was not applied to the pilot projects, and therefore their schedule and defects are not distinguished from those under a GC contract. However, project participant satisfaction is very high and participants stated they would use MP contracts again for future projects. These pilot projects show that the owner′s management ability is very important in MP contracts and directly affects project performance. Therefore, professional construction management services for owners in MP contracts are strongly recommended for successful projects. |
| first_indexed | 2024-03-12T17:49:11Z |
| format | Article |
| id | doaj.art-0af31a4ded394b0fa79898e3fa62095a |
| institution | Directory Open Access Journal |
| issn | 1347-2852 |
| language | English |
| last_indexed | 2024-03-12T17:49:11Z |
| publishDate | 2017-09-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | Journal of Asian Architecture and Building Engineering |
| spelling | doaj.art-0af31a4ded394b0fa79898e3fa62095a2023-08-03T09:15:32ZengTaylor & Francis GroupJournal of Asian Architecture and Building Engineering1347-28522017-09-0116361361810.3130/jaabe.16.61312029142Project Performance Evaluation of Multi-prime Contracts in Comparison with General Contractor ContractsKyungrai Kim0Ajou UniversityThis research focuses on multi-prime (MP) contracts, as an alternative contracting method to general contractor (GC) contracts, to reduce the construction costs of the Korean government. Two pilot projects were executed under MP contracts with direct owner management (without professional construction management services). The project performance (i.e., construction costs, schedule, defects and participant satisfaction) under the MP contracts was then compared with a GC contract. The results show that construction costs reduced somewhat but not as much as expected (8% reduction). Direct construction costs were also reduced using the lowest bid system, but indirect construction costs, such as common laborer costs, increased. Fast track construction was not applied to the pilot projects, and therefore their schedule and defects are not distinguished from those under a GC contract. However, project participant satisfaction is very high and participants stated they would use MP contracts again for future projects. These pilot projects show that the owner′s management ability is very important in MP contracts and directly affects project performance. Therefore, professional construction management services for owners in MP contracts are strongly recommended for successful projects.http://dx.doi.org/10.3130/jaabe.16.613multi-prime contractgeneral contractor contractproject performancedirect owner managementprofessional construction management |
| spellingShingle | Kyungrai Kim Project Performance Evaluation of Multi-prime Contracts in Comparison with General Contractor Contracts Journal of Asian Architecture and Building Engineering multi-prime contract general contractor contract project performance direct owner management professional construction management |
| title | Project Performance Evaluation of Multi-prime Contracts in Comparison with General Contractor Contracts |
| title_full | Project Performance Evaluation of Multi-prime Contracts in Comparison with General Contractor Contracts |
| title_fullStr | Project Performance Evaluation of Multi-prime Contracts in Comparison with General Contractor Contracts |
| title_full_unstemmed | Project Performance Evaluation of Multi-prime Contracts in Comparison with General Contractor Contracts |
| title_short | Project Performance Evaluation of Multi-prime Contracts in Comparison with General Contractor Contracts |
| title_sort | project performance evaluation of multi prime contracts in comparison with general contractor contracts |
| topic | multi-prime contract general contractor contract project performance direct owner management professional construction management |
| url | http://dx.doi.org/10.3130/jaabe.16.613 |
| work_keys_str_mv | AT kyungraikim projectperformanceevaluationofmultiprimecontractsincomparisonwithgeneralcontractorcontracts |