Research Article

Framework for Designing Project Delivery and Contract Strategy in Chinese Construction Industry Based on Value-Added Analysis

Table 2

Matching Matrix of the contract-type and project delivery system.

PDSContract type
Lump sumUnit priceCost plus a fixed feeGuaranteed maximum price (GMP)Target price incentive contract

DBBΔΔ
GCΔ
DB×ΔΔ
DP×ΔΔ
EPC×ΔΔ
CM×ΔΔ
PMTΔΔ
PMCΔΔ
PMΔΔ

Note. DBB = design-bid-build; GC = general contractor; DB = design-build; DP = design-procurement; EPC = engineering-procurement-construction; CM = construction management; PMT = project management team; PMC = project management contractor; PM = project management; “★” means well suited; “Δ” means fairly suited; “—” means not often used; “×” means not suited.