Research On Application Of Agent-Construction System To Government Investment Project In Tian Jin

Government investment is one of important means used by countries. It is important to establish and perfect the pattern and method of construction project management invested by our government in order to adapt to the market mechanism function. Traditional model of project management invested by government once plays a important role in the era of planned economy. With the development of the found of market economy and the continual reform, traditional model has not adjust the new economical environment, and it brings a lot of problems, especially some temporary model like headquarters, fundamental construction office can not leave some useful experience but only one-off lessons, which brings serious waste of social resources.Agent—Construction System (ACS) is one effective reformation about construction project management invested by our government. Based on analyzing the defects existing in the traditional administrative systems and summarizing the situation and management experience of ACS experimental units, This paper deeply discusses concepts of ACS and categorizing of ACS. it also argues the advantages of ACS based on principal-agent theory and contrasts the two difference kinds, in addition, pointing out the development of ACS in China in the future.Tianjin is now the experimental unit about ACS. Several problems which lie in"acting construction reform"about Tianjin are deeply studied in this paper. Numbers of problems are discussed such as confirmation for the client and agent of deputy project, the qualification for project management companies, project management deputy mode and the strategies for engineering contraction, styles of deputy contracts and so on. Based on the understanding about the characteristics of government-invested projects, this paper demonstrates the two administrative levels of deputy project and points out project management companies should be main constitutions of the agents. This paper demonstrates applicable scopes of Project Management Agency and Project Management Contact as project management deputy mode. It also points out the proper contract of different project management deputy mode and argues the risks caused by government investment project implementing ACS. Besides it puts forward to construct risk precaution system and supervision system by fund, plan and market under ACS. At last, The author conducted a case study, sum up the experience and lessons and further discussed the bright future of ACS.