Abstract

Due to rapid changes in today's construction industry, the need for modification of laws and regulations has increased. First of all, the Ministry of Strategy and Finance of the Republic of Korea plans to modify contract laws and regulations for public sector projects. A thorough and comprehensive investigation of the US construction industry concerning the public sector will help the Korean construction industry make strategic plans toward amendment of laws and regulations. The primary purpose of this research is to investigate the project delivery method and contract administration systems for public sector projects of the US construction industry and to propose some suggestions to improve the current systems as found in the Korean construction industry. Through this investigation, various promotional issues as well as obstructions were identified by considering the differences in market conditions between the US and Korea. Frameworks of the suggestions provide for a consistent process of reinforcement of the owner's responsibility, and fair competition among construction companies.

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