dc.description.abstract | The Discussion on Government Agency’’s Strategies against Contractor’’s Delay in Performance
Abstract
According to the latest statistics of Ministry of Economic Affairs, the number of registered construction companies was 90,926 at the end of December 2005, and 82,630 at the end of October 2008. In about three years, the number of revoked and terminated companies had been up to 8,296, equaling to 9.12 percent of negative growth, which was a very large impact. In recent years, due to the fact that the construction industry has suffered from unprecedented economic recession, the phenomenon of check-bounced and close-down of companies is commonly seen. Many host institutions have had the experiences of facing the contractors’ being unable to carry out the contract, either due to companies’financial crisis or poor performance management. If the construction project is near the completion stage, the biggest challenge for host institutions will be how to, within controllable range, make the project finished as soon as possible.
For the purpose of making the work of performance management well done—not only in time but also with quality, this study will survey various risk factors of the implementation of public works, as well as devise strategies that host institutions could adopt in the face of these risk factors. The study, hopefully, will be a useful reference, providing host institutions better judgments on contractors’ delay in performance.
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