• Title/Summary/Keyword: Build Transfer Lease

Search Result 77, Processing Time 0.028 seconds

Changes of Spatial Composition by Project Phase of Homebase and Media-space on Variation Type Middle and High Schools (교과교실제 중등학교 홈베이스와 미디어스페이스의 사업단계별 공간구성 변화)

  • Park, Im-Ho;Jung, Jin-Ju
    • Journal of the Korean Institute of Educational Facilities
    • /
    • v.21 no.2
    • /
    • pp.13-24
    • /
    • 2014
  • This study compared and analyzed middle and high school's homebase and media space which are installed along with the introduction of subject classroom system operation method, with regard to the position of arrangement, the type of arrangement, and the change of area, etc. which were changed and applied per the phase of project. For this, design competitions were implemented since 2006 targeting the cases which participated in design directly-indirectly in the researcher's architectural firm, present construction documents among the selected BTL(Build-Transfer-Lease) were completed, and the examples of 10 schools(design competitions 2 schools, BTL selected plans 8 schools) were analyzed, which were operating variation type.

A Study on Maintenance Bundle Alternatives of BTL Project for Educational Facilities Using Complete Linkage Algorithm (컴플리트 링키지 알고리즘을 이용한 교육시설물 BTL사업 유지관리번들 구성방안에 관한 연구)

  • Cho, Chang-Yeon;Son, Jae-Ho
    • Journal of the Korean Institute of Educational Facilities
    • /
    • v.15 no.3
    • /
    • pp.4-16
    • /
    • 2008
  • BTL(Build-Transfer-Lease) Project for Education Facilities is contracted as a package which consists of several education facilities and its maintenance period is 20 years. Thus, total cost variation largely depends on the accuracy of the maintenance cost forecasting in the early stage in the life cycle of the BTL Projects. This research develops a method using complete linkage algorithm and branch & bound algorithm to help in finding optimal bundling combination. The result of this research suggests more reasonable and effective forecasting method for the maintenance bundle in BTL projects.

A STUDY ON DEVELOPING THE CALCULATION SYSTEM OF DISBURSEMENT FOR GOVERNMENT ON THE BTL PROJRCTS

  • Chun-Kyong Lee;Tae-Keun Park
    • International conference on construction engineering and project management
    • /
    • 2009.05a
    • /
    • pp.649-657
    • /
    • 2009
  • BTL projects, which has been 3 years since it was carried out in 2008, trigged the controversy on the adequacy in the calculation of disbursement for Government due to such problems as low earning rate and the burden of service level compared with the project suggestion. Thus, the purpose of this study is to offer a suggestion on the calculation system for the purpose of the standardized - expense appropriation by item and database including the antecedent study on the finance model and the feasibility in BTL projects. The system is composed of 4 steps - project management, basic database, an analysis on expense by item and the result, and an analysis on sensitivity, and it is possible to carry out a comparative analysis on single and multi alternatives by variable change along with the ground on expense calculation.

  • PDF

Value Management of Private Finance Initiative Projects (민간투자사업을 위한 VE 적용방안)

  • Lim, Jong-Kwon;Kim, Seoung-Il
    • Proceedings of the Korean Institute Of Construction Engineering and Management
    • /
    • 2006.11a
    • /
    • pp.123-130
    • /
    • 2006
  • Recently, Korean government promotes BTL(Build-Transfer-Lease) for their public construction project to apply private sector's experience and finance initiatives. Many of public buildings and civil infrastructure projects were planned to be delivered by BTL and it helps to continue public projects under tight budget conditions. Since the characteristics of BTL projects, creative ideas for the project function, performance and its LCC (Life Cycle Cost) become more important than usual public work project. This paper introduces the systematic "VE job Plan" application techniques for BTL project and shows the process. This study shows the application of "VE job Plan" for BTL project to help decision making and value improvement. Also, Project cost was estimated by LCC (Life Cycle Cost) analysis. Technical "FAST diagram"was developed and used to find major functions of the project. So, it helps to improve performance of functions and make creative ideas. FAST diagram also help to find relationships between functions and cost. A case study (Daegu Art Gallery BTL Project) was conducted using proposed "VE job Plan. Study demonstrates how value management helps save money and increase functional performance. Researcher found that project can save cost and improve performance of functions significantly by using appropriate VE analysis process at appropriate time.

  • PDF

Cost Estimating method for the Public Office building at the early stage (공공건축물의 초기공사비 산정방법 연구)

  • Koo, Won-Yong;Kim, Jung-Gon;Lee, Jun-Seok;Park, Hyeong-Geun
    • Proceedings of the Korean Institute Of Construction Engineering and Management
    • /
    • 2007.11a
    • /
    • pp.261-266
    • /
    • 2007
  • In this research, we studied an estimating method in client's sight to estimate the total construction cost which is based on the historical cost data at the early stage of the office buildings as a public phase. It is very difficult to analyze the estimation accurately and logically. When a client estimates a project, he/she has to consider there are many issues at the planning step, according as office buildings become gradually diversified as well as their roles continuously extended. Therefore, those are usually make problems for wasting the budget in accordance with the cost estimation errors. Moreover, many kinds of public construction projects, especially such as school, office, sports complex, and the others, have been invested the private finances defined as BTL(Build Transfer Lease) method that are required to manage the detailed process more strictly from initial planning. In order to make an effective planning, the long-term users amount and the building life cycle at the beginning of project should be considered previously and then it may enable to achieve an appropriate project plan. But actually considering overall variables in a building planning is impossible. Accordingly, suggesting a regression model based on the historical cost data from many similar types of office building to support client's role known as estimating the total cost at the early stage. And then performing the test against the proposed model to research the reasonability as using the historical cost data of Japan office buildings.

  • PDF

Problems and Solutions of private university dormitory project with PFI (민간투자사업을 활용한 사립대 기숙사의 문제점 및 개선방안)

  • Kim, Jong-Soo;Song, Nak-Hyun;Lee, Chan-Sik
    • Proceedings of the Korean Institute Of Construction Engineering and Management
    • /
    • 2008.11a
    • /
    • pp.471-474
    • /
    • 2008
  • The range of PFI project has been expanded from Road facilities, Hobor facilities to Education facilities, Military residence facilities since 2005. Especially, The dormitory project that one of the most lucrative facilities among education facilities was progressing but it has many problems with introducing PFI project. This object of research is deriving problems by introducing PFI project and solving problems by consulting with experts. The results of research have had problems that increasing rental fee, difficulty of retrieving the investment and shortage of government supports. The solutions concerning the problems are using organization, introducing various programs and relieving regulation of government. This paper was made by consulting with experts and is expecting to use the basic data when comparing and analyzing the cases used PFI.

  • PDF

A Sensitivity Analysis for Risk Management of Private Investment Projects - Focused on BTL Projects - (민자유치사업의 리스크 관리를 위한 민감요인 분석 - BTL 사업을 중심으로 -)

  • Kim, Sun-Kuk;Park, Tong-Kyu
    • Korean Journal of Construction Engineering and Management
    • /
    • v.7 no.1 s.29
    • /
    • pp.168-175
    • /
    • 2006
  • Since the partly changed 'Private Investment Act for Social Infrastructure Projects' set forth in January 2005, the number of BTL(Build-Transfer-Lease) projects offered to the market has rapidly increased. The scope of BTL projects offered covers not only legally defined facilities but several facilities for the private schools. A BTL project, by definition, is a way of project management that includes the entire process of development such as planning, design, construction and operation over the period of 20-30 years. As a result, various types of risk may happen at each stage of the project and it is extremely important to efficiently control the sensitive factors that affect the risk profiles of the project. The examples of the sensitive factors are construction cost, interest rate, discount rate, lease amount, rental fee, O&M cost and so on. This study examines the characteristics of these sensitivity factors, analyzes their impact on the project feasibility and suggests the alternatives to manage them efficiently.

A Study on Model Establishment of the Validity Evaluation for BTL Project Expenses Using an Analytic Hierarchy Process (계층분석법(AHP)을 이용한 BTT사업비 타당성 평가모형 정립에 관한 연구)

  • Jung, Young-Han
    • Journal of the Korea Institute of Building Construction
    • /
    • v.8 no.6
    • /
    • pp.155-160
    • /
    • 2008
  • The BTL project, 4 years since its operation. has benchmarked the PFI Project in Japan and has been introduced. Given the evaluation step to select a preferred bidder, in a technological factor, the basic plans are corrected and complemented, whereas in a price factor, the low price bidding system is being enforced. There is concern that how to select preferred bidders and how to operate project costs during operation and management period may be problematic. Thus, in this study, using the Analytic Hierarchy Process, the method of deciding the priority to select preferred bidders in an early stage of the project and the evaluation model to evaluate the validity of BTL project expenses in process of project enforcement are established. Targeting the group composed of experts who have experiences in the BTL project. Then, the levelling of evaluation factors and grouping have been carried out as following : LCC analysis and disbursement for government including two more detailed factors.

A Study on the Characteristics by Design Component Elements of the Facade in Elementary School Buildings in the 2000's (2000 년대 초등학교 교사 입면의 디자인 구성요소에 의한 특성 연구)

  • Seo, Hee-Sook
    • Korean Institute of Interior Design Journal
    • /
    • v.19 no.5
    • /
    • pp.38-47
    • /
    • 2010
  • The purpose of this study is to examine the characteristics by design component elements of the facade in elementary school buildings after the 7th educational curriculum. This study choose twenty five elementary school as the subjects of the study. And among many elevations of building, an elevation that is alongside of the schoolyard is chosen because this elevation has the highest visual influence on passers-by. To begin with, this elevation is divided into the roof and the surface of a wall, The roof is divided into roof styles, existence of roof and materials. The surface of a wall is divided into design principles(balance, contrast, rhythm), the formal organization(basic elements and form, and transformation of form), the ornamental composition, materials and colors. The results of the research are summarized as follows: First of all, motifs of classical architecture were well expressed in this period and postmodern tendency had been shown until 2005. After Build Transfer Lease(BTL), however, tendency of classical architecture, contrast by the size of the form and base element by point disappeared. Instead, asymmetrical and flat tendency is expressed. Also, emphasized design of the building elevation appear by basic colors of Munsell, not motifs of classical architecture.

Indicator of Facility Performance Evaluation (FPE) for Educational Facilities of BTL Projects

  • Lee, Kwan-Jong;Lee, Chun-Kyong;Park, Tae-Keun
    • Architectural research
    • /
    • v.14 no.1
    • /
    • pp.35-44
    • /
    • 2012
  • Build-Transfer-Lease (BTL) was introduced to the domestic construction market in 2005. Now, seven years later, the BTL model is most active for educational facilities. In 2011, 93 educational facility projects entered the maintenance stage. Considering the characteristics of today's BTL projects for educational facilities, the main issues are the initial performance and maintenance of educational facilities and the service-providing status for the 20-year operational management period, in relation to providing safety and convenience to students, the facility users. Seeking a solution, local education offices and departments in charge of BTL under the Ministry of Education, Science, and Technology have been exploring various methods of evaluating operational maintenance performance from various perspectives. For educational facility BTL projects, however, the appropriateness of initial operation performance evaluation, rather than considering the 20-year operational management period, is controversial in regards to sustainability. On this account, performance evaluation items in four areas-operational maintenance evaluation, facility performance status evaluation, maintenance subject evaluation, and sustainable change response evaluation-should be extracted. An indicator of facility performance evaluation is presented in this study through an AHP survey targeting experts, as part of establishing an operation performance evaluation system for educational facility BTL projects.