Establishing schedule-enhanced FIDIC mechanism for material price escalation in construction

• Main Authors: CHIA-CHU LU, 盧家駒
• Other Authors: Jieh-Haur Chen
• Format: Others
• Language: zh-TW
• Published: 2012
• Online Access: http://ndltd.ncl.edu.tw/handle/78572819363045677589

碩士 === 國立中央大學 === 營建管理研究所碩士在職專班 === 100 === It is inevitable for construction projects to encounter price escalation. Although numerous projects have already adopted the FIDIC mechanism to deal with price escalation in construction materials, the current mechanism only considers static indices. This is probably easy to cause unfairness to either the party of owner or that of contractor. The study is to establish a model considering a dynamic way of project schedule that adjusts the current FIDIC mechanism for material price escalation in construction. The collection of over 30 construction project data was first to find evidence, discovering the insufficiency of the current FIDIC mechanism in construction. Considering major activities in regular projects and major activities, the study established schedule-enhanced model for material price escalation. In the end a case study introduced model implementation and feasibility demonstrating that the proposed mechanism is relatively fairer and more feasible.