APPLICATION OF STANDARD CONTRACTS IN EPC/TURNKEY REGENERATION PROJECTS

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68407700%3A21110%2F16%3A00301999" target="_blank" >RIV/68407700:21110/16:00301999 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

APPLICATION OF STANDARD CONTRACTS IN EPC/TURNKEY REGENERATION PROJECTS

Original language description

Reconstruction and regeneration works represent a prominent part of today’s civil engineering. There are a large number of huge brown fields reconstruction projects, infrastructure projects, etc., that need huge investment and budgets. Very good contract management is absolutely necessary on these projects in both the private and public sectors, and some form of a standard contract should be used for such complex projects. If contract management is not applied (or is being applied improperly) it may have a negative impact on the project. An EPC/turnkey (Engineering, Procurement and Construction) contract is optimal for the projects, where the owner is able to determine goals at the beginning of the project, clearly define demands, and is mainly focused on the time of realization. It could therefore be a useful tool for reconstruction projects. In spite of the clear advantages of standard contracts, there are still contractors who refuse them. The research applies a qualitative approach to find the weak points of a standard contract and to define contractors’ reasons for refusing standard contracts. It is based on a wide number interviews and reviews of several case studies. The research brings the reasons for standard contracts being applied, and explains their possible advantages. The research has confirmed that standard contracts could work in the Czech construction market as well and that they can bring better results for the project.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

JM - Structural engineering

OECD FORD branch

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Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2016

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

Central Europe towards Sustainable Building 2016 - Innovations for Sustainable Future

ISBN

978-80-271-0248-8

ISSN

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e-ISSN

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Number of pages

9

Pages from-to

190-198

Publisher name

GRADA PUBLISHING

Place of publication

Praha

Event location

Prague

Event date

Jun 22, 2016

Type of event by nationality

WRD - Celosvětová akce

UT code for WoS article

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