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Key Problems and Countermeasures in BT Projects in Infrastructure Construction |
WU Xian-guo1,JIANG Xue1,ZHANG Li-mao 1,JIANG Le2,ZHOU Jun2,ZHOU Ge-qian1 |
1 .Huazhong University of Science and Technology, Design &Research Institute Co. Ltd,Wuhan,Hubei Wuhan,Hubei 430074,China;2. Wuhan Municipal Engineering 430023,China |
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Abstract Research purposes: This paper presents the key problems in the application of Build-Transfer(BT) mode in the urban infrastructure market. The mechanism and its effects underlying the existing problems are investigated. The systemic and corresponding solutions are further proposed in BT projects from the perspective of overall process management,providing effective support for the adoption and promotion of BT mode in the urban infrastructure industry.
Research conclusions:(1)Because of the short time development,poor legal mechanism and multi-party participation,there are various potential problems in the application of BT mode in the infrastructure construction. (2)Key problems in the actual construction of BT projects are identified,including insufficient early preparations, frequent design changes,difficulty in investment control,unregulated transferring behaviors,and the improper risk allocation.(3)Solutions corresponding to the above problems are proposed accordingly,including strengthening the early preparations for the decision management,improving the change management mechanism,adopting the fixed- price contracts as to standardize the investment management,setting up the transfer committee to standardize the transfer behaviors,and building the comprehensive risk management system.(4)The research conclusions can be applied in the construction and management fields of BT projects.
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Received: 10 May 2013
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