(3) The contract management should be based on prevention, reduce or even avoid the disputes and claims. Prevention is one of the effective methods to control risk. The owner should consider various risks in the process of
project management and try to develop method in controlling risk and reflected in the specific terms of the contract. At the same time, we should ensure that the terms of the contract clear and concrete, to avoid ambiguity
and vagueness.
(4) Record the rights, obligations and responsibilities of each contractor in contract management. This allows the construction of any party to the contract as the basis, has the rights, obligations and ensure the completion and use of construction project.
Proposed contents
The concept of contract management of Construction project
Contract management is related to planning, sign, performance, change, claim and dispute in the management, it is an important part of project management. To determine the relationship between rights of two parties The contract’s characteristics
The essence of contract is to standardize the market transactions, saving transaction costs.
Contract management includes:
(1) Particularity
Every bid of contract has particularity and can not be replaced
(2) Long-term
Because of structure is complex, workload is big, construction period is long, the contract time limit for performance is longer.
(3) Diversity and complexity
Only two parties, but the main parties is more, the contract performance period is long, the amount is large, legal relationship is complex.
(4) Stringency
Subject to strict supervision, sides must be Legal person, contract must
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