Research On The Investment Control Of The Whole Process Agent Construction From The Viewpoints Of Government Client

In the reform of public project management model,agent construction has become the dominant mode in the entire process and the implementation is being carried out on a large scale throughout the country. Under agent system,the government has transferred the control object from agent construction investment to the agent through the commission contract.The condition is that the agent must have achieved the hard investment constraints.This paper divides the investment control on agent construction project into three levels: the administrative agency level between government and relevant government departments (client), the project management level between the client and agent, as well as the project management level between the agent and the specialist contractor. On this basis, the paper will focus the study object on the project management level between the government client and the construction agent in the course of investment control. In the entire process of the agent construction mode, the commission contract lump sum has become an incentive and restraint mechanism for government owners to execute control on the agent effectively. The thesis research is divided into two parts, the main contents are as follows:1. Research on the basis of risk-sharing theoryLump-sum investment reflects a risk-sharing relationship between the contracting parties in essence. Under the guidance of risk-sharing theory, this paper discusses the risks assumed respectively by the client and the agent in the whole process, which forms the basis of the determination and adjustment of total investment lump sum.2. Determination of the total investment lump sum on the basis of design estimateIn the entire process of agent construction mode, the determination of total investment lump sum is in the preliminary design stage, the total lump sum investment is determined on the basis of the design budget throughout the country, so this paper first analyzes the relationship between total investment lump sum and design budget, thinking that the budgetary reserve of design estimate should not be entirely put into the total lump sum of investment.the paper takes the rating bias into consideration.It should be to decrease of design estimate. The paper providing a new approach to determine the total investment lump sum scientifically.3.Change and adjustment of the investment lump sumAccording to the requirements of total investment lump sum, the price of agent contract shall not be adjusted within the framework of given risks.In the actual operation of the agent construction project, the contract will specify the occurrence of some risks to adjust total investment lump sum in order to give the agent effective incentive and restraint. However, the agent and the government owner may grow different opinions easily since the provisions of different places are not unified.This paper analyzes the adjustable risks, and explore the adjustment methods of total investment lump sum accordingly.