Monthly
ISSN 1000-7229
CN 11-2583/TM
ELECTRIC POWER CONSTRUCTION ›› 2011, Vol. 32 ›› Issue (8): 11-17.
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Abstract:
With the speeding up of transmission project settlement in State Grid Corporation, improving settlement efficiency and reducing audit risk are of importance in order to achieve the time node requirements and the settlement depth. In this paper, a mode of delegating a third party to settle the account is introduced, and the detailed flow chart of entrust settlement also presented, where the settlement time is shortened. The incentives for the cost advisory unit is discussed based on the principal-agent theory in the game theory, as a result that the fixed payment model and the absolute performance incentive model as well as their solution methods are presented, providing theoretical support for calculating the settlement of consulting fees. It is shown from the examples that the model established in this paper is very useful, which could provide basis for the calculation of consulting fees and also inspire the healthy development of settlement patterns of the power transmission project in China.
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https://www.cepc.com.cn/EN/Y2011/V32/I8/11