The subject of the thesis is the interface coordination issues in the Danish construction industry. The interfaces that undergo analysis is particularly the interface between the builder and the turnkey contractor, and the interface between the turnkey contractor and the subcontractor. The thesis' focus is on turnkey contracts. One of the major industry issues, is the low liquidity of the turnkey- and subcontractors, Since this leads to a more than normal cost awareness of the constructors, it is important to find ways of minimizing costs, and at the same time improve cooperation. The first section focuses on the interface between the turnkey contractor and the subcontractor. In this section a case study is done of a turnkey project, where the turnkey contractor tries to implement the theories of lean construction into the construction process. In the case study, all contractors experience an increased efficiency from a weekly meeting between one representative from each subcontractor, and a representative from the turnkey contractor, who were specialized in construction processes. This increased efficiency had an positive effect on the contractors profits. Subsequently in the section, the positive effects of the coordination meeting were subjected to further analysis. A model was constructed, to try and see if the same effects could be explained by organizational economics. The base of the model are Patrick Bolton and Mathias Dewatripont's article from 1998 "The Firm as a Communication Network". The model is , however, adapted to support the meeting as a form of communication, which differs from the article. The conclusions of the model is that there are some indications of decreased costs of communication, but that the effects of "wasted time" counteracts this decrease. The efficiency of the meeting depends on the "wasted time". But if the meeting is divided into two meetings (to neutralize "wasted time") the costs of communications decrease compared to a traditional pyramid form of communications. The second section of the thesis focuses on the interface of the builder and the turnkey contractor. After the prior sections conclusions, the question is how the builder can try an affect the choice of the form of communication between the turnkey contractor and the subcontractors. Therefore focus is turned to the industry's agreed documents, which, however, are deemed unfit for the present forms of cooperation. Alternatives to the agreed documents (or parts of these) are then studied, especially partnerships as a agreement form. Furthermore alternative conflict resolution methods are studied, since the Danish arbitration system supports the fundamental principles of the agreed documents, even when these are not the support of the agreement. To incorporate these alternatives efficiently in the construction contracts, an proactive approach to contract management is studied. In the last section of the thesis, the findings of the thesis are put into perspective to the industry's needs in the future.
|Educations||MSc in Commercial Law, (Graduate Programme) Final Thesis|
|Number of pages||74|