Publications / 2005 Proceedings of the 22nd ISARC, Ferrara, Italy

Establishment of Contract Management System for Construction Company & Subcontractor

Yan-Chyuan Shiau, Cheng-Wei Liu, Shu-Jen Sung, Chih-Kun Chu, Tsung-Pin Tsai
Abstract:

The Construction environment has been changed tremendously for last few years in Taiwan. Since the capital has been flowed to China, real estate has no more good market. By the way, the practice of volume ratio makes the problem of vacant houses worse. In order to solve the land investment pressure, build companies need to raise the new project even though the market is always very bad. Since the profit is quite limited, construction companies will face the problem that the management capability will dominate the survival of the company.

In order to survive in the competitive environment, Construction Company needs to handle every stage such as bidding, purchasing, and construction. This situation can prove that the construction management is a necessary tool for current environment. A good contracting system is a must tool to make the forever operation be possible for construction company.

In a construction project, a fair and good contract is to protect both Construction Company and subcontractors. Since most construction company has limited human power and resources, a completed Contract Management System is really a good help for middle/small size construction companies. In this research, we have developed a well-considered and fair specification that will state the responsibilities and rights for both sides. This is an important tool to assure the completion of a construction project.

Keywords: Contract Administrating, Construction Specification, Construction Industry, Purchasing