2007•Journal of the Korean Society of Civil EngineersRequires access

Improvement of Bidding Procedure and Design Review System of Turnkey and Alternative-design Contracts

Lee Yang-Kyoo, Leen-Seok Kang, Chang-Hak Kim

Abstract

The application of turnkey and alternative-design contracts has been increasing for large SOC projects since the practical application was revitalized by our government from 2000. Recently rapid growth of turnkey projects cause many problems such as too many contracts by large companies, increasing of design cost and excessive competition

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Key concepts: Turnkey, Bidding, Competition (biology), Government (linguistics), Business, Engineering, Industrial organization, Marketing