Detail publikace

Subsidy Risk Related to Construction Projects: Seeking Causes

HANÁK, T. KORYTÁROVÁ, J.

Originální název

Subsidy Risk Related to Construction Projects: Seeking Causes

Typ

článek v časopise ve Web of Science, Jimp

Jazyk

angličtina

Originální abstrakt

Many construction projects are realized with public subsidy, e.g. subsidies from the European Union, state budget and/or municipal resources. The reimbursement of the subsidy depends on a number of conditions, such as completion of the project in time or compliance with operation conditions. The purpose of this research is to seek causes of subsidy risk related to construction projects. In particular, research aims at addressing causes that may lead to the loss of subsidy, reduction of subsidy and/or a penalty payment. Research is conducted as a case study of selected construction projects and the Czech Republic is chosen as a study area. Set of data representing 20 construction projects which faced the threat of reduction or loss of subsidy was collected from available sources and results represent the spectrum of identified risk causes and their distribution in the different phases of the project life cycle and according to the risk source breakdown structure. From managerial perspective, output of this research may serve as a support for investors who plan to apply for public subsidy for their construction projects. Several recommendations for subsidy risk avoidance have been proposed at the end of the paper.

Klíčová slova

Construction project, procurement, project life cycle, risk source, subsidy risk

Autoři

HANÁK, T.; KORYTÁROVÁ, J.

Vydáno

1. 12. 2018

Nakladatel

DE GRUYTER Poland

Místo

Polsko

ISSN

2391-5439

Periodikum

Open Engineering

Ročník

8

Číslo

1

Stát

Polská republika

Strany od

484

Strany do

489

Strany počet

6

URL

https://www.degruyter.com/view/journals/eng/8/1/article-p484.xml

BibTex

@article{BUT151616,
  author="Tomáš {Hanák} and Jana {Korytárová}",
  title="Subsidy Risk Related to Construction Projects: Seeking Causes",
  journal="Open Engineering",
  year="2018",
  volume="8",
  number="1",
  pages="484--489",
  doi="10.1515/eng-2018-0060",
  issn="2391-5439",
  url="https://www.degruyter.com/view/journals/eng/8/1/article-p484.xml"
}