| Title |
Improvement of Concessionaire Designation Evaluation Criteriafor Build-Transfer-Lease Private Participation in Infrastructure Projects |
| Authors |
Shin, Hyun-In ; Park, Tae-Keun |
| Keywords |
BTL : Build-Transfer-Lease ; RFP : Request For Proposal ; Government Payments |
| Abstract |
Since “Act on Private Participation in Infrastructure”were changed in January 2005, BTL(Build-Transfer-Lease) projects ofPrivate Participation in Infrastructure was introduced in the domestic construction market for the purpose of providing publicfacilities with the public. Selecting the most qualified Promoter should be considered discreetly in BTL projects because BTLprojects is for projects with approximately thirty year project life cycle, plan, construction, operating, maintenance andobviously the success of the project totally depends on the capability and role of concessionaire. However, score for cost islikely to influence designating concessionaire to take the project. Accordingly, low bid contract with too much competitioncould decrease the quality of the construction plan and operating plan.Thus, this study did preliminary research and documents on problems of evaluation criteria for designating concessionaire inBTL projects, and proposed improvement program by doing questionnaire over specialists of each field. |