Uncompleted construction work in the Russian Federation: causes and remedies

Uncompleted construction work is a major issue for the sector and the economy as a whole. According to Russia’s Accounts Chamber, the current average figure for state-funded projects in Russia in this respect is 30% (as much as 70% in some regions). As a possible solution, this paper suggests using...

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Main Author: Silka Dmitriy Nikolaevich
Format: Article
Language:English
Published: EDP Sciences 2023-01-01
Series:E3S Web of Conferences
Subjects:
Online Access:https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/40/e3sconf_escp2023_01004.pdf
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author Silka Dmitriy Nikolaevich
author_facet Silka Dmitriy Nikolaevich
author_sort Silka Dmitriy Nikolaevich
collection DOAJ
description Uncompleted construction work is a major issue for the sector and the economy as a whole. According to Russia’s Accounts Chamber, the current average figure for state-funded projects in Russia in this respect is 30% (as much as 70% in some regions). As a possible solution, this paper suggests using a system of surveys of participants in construction activity in order to have enough information for an analysis. In addition, the paper draws attention to the following important characteristic of construction – the critical importance of the planning stage. This is where a large number of regulatory instruments are used. There is a need to develop the nation’s corresponding regulatory framework at an advanced pace. Indeed, if construction work on a site cannot be completed and is discontinued, it may well cost as much to resume work on that site as it would to begin work on a new project. In-depth audits of the regulatory framework must begin with the planning stage. Any innovations in the regulation system must be assessed via two-way communication. The article was written on the basis of the RANEPA state assignment research program.
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spelling doaj.art-dfe067dffa154f349d3f7477cb63d8f92023-08-02T13:16:26ZengEDP SciencesE3S Web of Conferences2267-12422023-01-014030100410.1051/e3sconf/202340301004e3sconf_escp2023_01004Uncompleted construction work in the Russian Federation: causes and remediesSilka Dmitriy Nikolaevich0Russian Presidential Academy of National Economy and Public Administration, Department of Investment and Construction Business and Real Estate ManagementUncompleted construction work is a major issue for the sector and the economy as a whole. According to Russia’s Accounts Chamber, the current average figure for state-funded projects in Russia in this respect is 30% (as much as 70% in some regions). As a possible solution, this paper suggests using a system of surveys of participants in construction activity in order to have enough information for an analysis. In addition, the paper draws attention to the following important characteristic of construction – the critical importance of the planning stage. This is where a large number of regulatory instruments are used. There is a need to develop the nation’s corresponding regulatory framework at an advanced pace. Indeed, if construction work on a site cannot be completed and is discontinued, it may well cost as much to resume work on that site as it would to begin work on a new project. In-depth audits of the regulatory framework must begin with the planning stage. Any innovations in the regulation system must be assessed via two-way communication. The article was written on the basis of the RANEPA state assignment research program.https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/40/e3sconf_escp2023_01004.pdfgovernment procurementinvestment programsuncompleted construction workplanningfunding
spellingShingle Silka Dmitriy Nikolaevich
Uncompleted construction work in the Russian Federation: causes and remedies
E3S Web of Conferences
government procurement
investment programs
uncompleted construction work
planning
funding
title Uncompleted construction work in the Russian Federation: causes and remedies
title_full Uncompleted construction work in the Russian Federation: causes and remedies
title_fullStr Uncompleted construction work in the Russian Federation: causes and remedies
title_full_unstemmed Uncompleted construction work in the Russian Federation: causes and remedies
title_short Uncompleted construction work in the Russian Federation: causes and remedies
title_sort uncompleted construction work in the russian federation causes and remedies
topic government procurement
investment programs
uncompleted construction work
planning
funding
url https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/40/e3sconf_escp2023_01004.pdf
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