TY - JOUR
T1 - Cost Planning Standards on Design and Build Contract Systems for Stadium Building Construction in Indonesia
AU - Putro, Anggoro
AU - Latief, Yusuf
AU - Nursin, Afrizal
AU - Soepandji, Budi Susilo
N1 - Publisher Copyright:
© 2022 by authors, all rights reserved.
PY - 2022/5
Y1 - 2022/5
N2 - The study aims to determine and develop the following, (1) the components of standard and non-standard costs, as well as miscellaneous expenses related to financial accuracy, (2) the percentage standard of the works component, (3) the technical specification, (4) the range of costs per meter square and seat, and (5) the connection model between cost planning and accuracy through Indonesian design and build contract, to diminish the potential disputes among related stakeholders. The methods used included analytical, validity, reliability, and descriptive-analytical tests, through four steps of data collection, namely (1) pilot survey, (2) questionnaire, (3) expert validation, and (4) final expert validation. Furthermore, the data analysis was conducted using SPSS and SEM-PLS software, with the result showing that, (1) the components of standard and non-standard costs, as well as miscellaneous expenses were determined by the literature study and the validation of experts. These were also used as the identification sources of cost planning standard, (2) the percentage of the works' component was derived from the previous stadium construction projects and the utilized literature review, (3) the technical specification in the cost planning process differed with the needs of each stadium classification, (4) the cost/m2 and cost/seat were used as the reference of the project owner to determine the estimation of each stadium classification, and (5) the standard cost and the miscellaneous expenses were positively related to the budget accuracy. Meanwhile, the non-standard costs had a negative effect on this accuracy. Based on this study, several implications were observed towards the global audience, as the guide to enhance the cost accuracy in the stadium's planning process through the design and build contract.
AB - The study aims to determine and develop the following, (1) the components of standard and non-standard costs, as well as miscellaneous expenses related to financial accuracy, (2) the percentage standard of the works component, (3) the technical specification, (4) the range of costs per meter square and seat, and (5) the connection model between cost planning and accuracy through Indonesian design and build contract, to diminish the potential disputes among related stakeholders. The methods used included analytical, validity, reliability, and descriptive-analytical tests, through four steps of data collection, namely (1) pilot survey, (2) questionnaire, (3) expert validation, and (4) final expert validation. Furthermore, the data analysis was conducted using SPSS and SEM-PLS software, with the result showing that, (1) the components of standard and non-standard costs, as well as miscellaneous expenses were determined by the literature study and the validation of experts. These were also used as the identification sources of cost planning standard, (2) the percentage of the works' component was derived from the previous stadium construction projects and the utilized literature review, (3) the technical specification in the cost planning process differed with the needs of each stadium classification, (4) the cost/m2 and cost/seat were used as the reference of the project owner to determine the estimation of each stadium classification, and (5) the standard cost and the miscellaneous expenses were positively related to the budget accuracy. Meanwhile, the non-standard costs had a negative effect on this accuracy. Based on this study, several implications were observed towards the global audience, as the guide to enhance the cost accuracy in the stadium's planning process through the design and build contract.
KW - Cost Planning Standards
KW - Design and Build Contract
KW - Stadium Building
UR - http://www.scopus.com/inward/record.url?scp=85183766332&partnerID=8YFLogxK
U2 - 10.13189/cea.2022.100332
DO - 10.13189/cea.2022.100332
M3 - Article
AN - SCOPUS:85183766332
SN - 2332-1091
VL - 10
SP - 1163
EP - 1173
JO - Civil Engineering and Architecture
JF - Civil Engineering and Architecture
IS - 3
ER -