A Study on Final Settlement Issues in EPC Projects Under the Construction Management Model

Yue Che (), Zhihong Qi (), Xiaobo Xu () and Tuojing Huang
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Yue Che: Armed Police Logistics Academy, Logistics Support Department
Zhihong Qi: Armed Police Logistics Academy, Logistics Support Department
Xiaobo Xu: Armed Police Logistics Academy, Logistics Support Department
Tuojing Huang: Armed Police Logistics Academy, Logistics Support Department

A chapter in Proceedings of the 2025 7th International Conference on Economic Management and Model Engineering (ICEMME 2025), 2026, pp 167-183 from Springer

Abstract: Abstract Focusing on the issue of final settlement in EPC projects under the construction management model, settlement problems refer to abnormal situations where payments are delayed beyond the final payment deadline, from the submission of settlement documents to the confirmation of payment amounts. A tripartite evolutionary game model involving the construction entity, general contractor, and third-party cost auditor is constructed to reveal equilibrium patterns in their strategic choices. The analysis identifies “incentivized auditing—evidence reinforcement—professional anchoring” as the optimal strategy combination. Through numerical simulation, key influencing factors are analyzed to propose targeted countermeasures, driving the system toward ideal equilibrium and alleviating settlement delays.

Keywords: Project Management System; EPC Projects; Engineering Settlement; Game Equilibrium (search for similar items in EconPapers)
Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6239-602-9_17

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DOI: 10.2991/978-94-6239-602-9_17

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