Computer Aided Management Of Construction Payment For Clients With Multiple Building Projects

Regular and on-time payment is critical for the successful completion of a construction project.rnHowever, the construction industry suffers from delayed payments due to an inefficient paymentrncertification process. Payment delays affect material delivery, labor productivity, and projectrnprogress and induce financial and subsequent time claims. This study proposed the breakdown ofrncontract conditions into a logic that can be converted into executable codes called smartrncontracts that are executed on a web-based application. The system uses a centralized databasernto store contract data and BOQ and a backend developed using PHP that integrates smartrncontracts to automate and control payment management. The web-based application was thenrntested using the data from three building projects and was found to be accurate, effective, andrnefficient. Aside from creating automated payment certificates the web-based application canrncheck bill of quantities, update advance payment and performance guarantee amount and expiryrndates, identify various contract limits, and provide documentation tools. The result of the studyrnhas shown that the use of smart contracts and web-based application facilitate automation,rncontrol, and follow-up of the payment management process for clients with multiple buildingrnprojects.

Get Full Work

Report copyright infringement or plagiarism