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Contract amount by contract type in 2010

Contract amount by contract type in 2010

Source publication
Conference Paper
Full-text available
The project management information system (PMIS) has recently been developed by using the IT technology in order to implement advanced information management technology to construction industry in Korea. The PMIS has been applied not only to domestic construction projects, but also to some overseas projects executed by Korean construction companies...

Context in source publication

Context 1
... to the data announced by the White House, the country's cost-plus-fee and T&M contracts significantly increased from the year 2000 to 2010 to 162 billion and 28 billion dollars, respectively.(Washington: Executive office of the president 2011) The contracts in the cost-plus-fee methods accounted for about 35%, and are constantly increasing ( Figure 1). In public construction projects in the U.S., there are diverse specified rates for labor cost payment from the orderer to the contractor, or from the contractor to the subcontractor. ...