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RISFactors That Affect Transaction Costs in Construction Projects
Publisher: American Society of Civil Engineers
Abstract: The actual cost of a construction project is comprised of not only production costs, but also transaction costs. Transaction costs include but are not limited to the costs of preparing the bidding package, estimating, ...
Dynamic Reputation Incentive Mechanism for Urban Water Environment Treatment PPP Projects
Publisher: ASCE
Abstract: New approaches are provided for urban water environment treatment projects (UWETP) with the development and application of the public-private partnership (PPP) model. However, an asymmetry of information and conflicts of ...
Tournament Incentive Mechanisms Design for Long-Distance Water Diversion Projects Incorporating Preference Heterogeneity
Publisher: ASCE
Abstract: The owner often entrusts multiple contractors to construct in parallel due to the linear distribution of a long-distance water diversion project (LDWDP). However, multiple contractors with more information are more likely ...
Optimization of Capital Structure for Urban Water PPP Projects Using Mezzanine Financing: Sustainable Perspective
Publisher: ASCE
Abstract: An optimal capital structure can minimize financing cost and maximize project value. Most existing studies have focused on the equity-debt financing mode for public–private partnership (PPP) projects, neglecting the usage ...
Performance Evaluation of Water Environment Treatment PPP Projects Based on Multisource Spatiotemporal Data Fusion
Publisher: ASCE
Abstract: The performance data of water environment treatment public–private partnership (PPP) projects have the characteristics of multiple data sources, diverse types, and difficulties in integration. Based on existing literature ...
Effect Evaluation for the Regeneration of Old Industrial Buildings Based on Multilevel Extension Method
Publisher: ASCE
Abstract: To promote the development of the regeneration of old industrial buildings and reasonably evaluate the effects of regeneration projects, we propose an evaluation model for the regeneration of old industrial buildings based ...
Academia and Industry Perceptions of Construction Planning and Scheduling Education
Publisher: ASCE
Abstract: For construction management students completing the construction planning and scheduling course to meet work expectations and provide effective benefit to their employers, the course curriculum should accurately reflect ...
Compromise or Problem Solve: Conflicts in Construction Schedule Updates
Publisher: ASCE
Abstract: Construction projects often require frequent schedule updates to accurately represent construction progress, identify potential delays, prepare progress payment applications, and utilize updated schedules as admissible ...
Emergency Decision-Making System for the Large-Scale Infrastructure: A Case Study of the South-to-North Water Diversion Project
Publisher: ASCE
Abstract: Large-scale infrastructure operates in a complex and uncertain environment. When an unexpected safety accident occurs, efficient emergency decision-making plays a crucial role in safe operation. Case-based reasoning (CBR) ...