Probe Into The Informal Implementation Of Public Works Projects

Government investment behavior has always been regarded as an important means to promote the country's economic growth,therefore,reasonable and orderly increase of government investment can effectively promote economic growth.The new development concept of the new era,adhering to the quality first and benefit priority principles,which put forward more stringent requirements for the implementation of the current public works projects.Traditional public works projects are mainly realized through formal implementation,but due to the non-incompleteness of contract and environmental uncertainty and other factors,the implementation of public engineering projects will often go into the informal implementation path.Therefore,this paper focuses on observing the informal implementation of public works projects,hoping to explore the shortcomings and shortcomings of the existing contract system,and to provide reference for the improvement of the implementation system of public works projects.The informal implementation of public works projects,while saving costs and improving construction efficiency,is consistent with the ultimate goal set by the contract text,but at the same time there are various risks.This paper first reviews the current academic research content in public works projects,contracts and informal implementation,and then,based on the incompleteness of contract,limited rationality,transaction cost and principal-agent theory,expounds in detail the informal implementation of public works projects from the establishment of the initial project,to the selection of the implementation of informal implementation of the main body,The operational mechanism of the informal implementation of the final public Works project.Combining with the implementation cases of M company in Yinchuan Underground integrated pipe gallery,this paper analyzes in depth the potential hidden dangers in the process of informal implementation of public works projects,such as the lack of legal basis in the process of informal implementation of public works projects as a support,in the event of disputes will produce more unnecessary trouble.At the same time,it is also an impact on the existing implementation of the project system in accordance with the contract text,the non-formal implementation of the way will also cause everyone to despise the contract itself.Corruption can also be easily bred in the informal implementation of public works projects.And according to the problems,this paper also explores the reasons for the informal implementation of public works projects,the particularity of the public project itself,the incompleteness of the contract,the limitations of the implementation of the main body will lead to the phenomenon of informal implementation of public works projects.Therefore,how to avoid the hidden risks of public works projects in the process of informal implementation deserves sustainedattention and in-depth consideration.According to the problems arising from informal implementation,this paper puts forward some optimization strategies,standardizing the selection mechanism of the implementers,establishing the accountability mechanism of informal implementation,strictly preventing the occurrence of project corruption,and ultimately minimizing the risk of informal implementation of public works projects as far as possible.