| Author | Bui Quang Luong |
| Call Number | AIT Proj no.CM-08-07 |
| Subject(s) | Construction contracts--Vietnam
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| Note | A project report submitted in partial fulfillment of the requirements for the Professional Master Degree of Project Management in Construction |
| Publisher | Asian Institute of Technology |
| Abstract | Clauses are an essential part that constitutes a construction contract document. However, throughout its history the industry has witnessed a substantial number of disputes/conflicts of interest unfortunately characterized by the contract itself. Things are nowadays being made more complicated by a trend of long agreements where poorly drafted clauses are held responsible for even further project delays and worse, litigation. The main purpose of the study is to conduct an intensive exploration into the most problematic contract areas and to seek clauses that stand out as the most troublesome, and find appropriate strategic and specific recommendations to improve them. It is of prime importance that the contract strategy be formulated that gives a comprehensive picture of what has to be done to secure successful project delivery and to minimize losses and damages as a result of disputes and litigation. In addition, the careful drafting of contract clauses must be given utmost priority. During the course of execution, the owner's behaviour towards the contractor should be on a fair and risk-sharing basis through careful risk allocation, cooperation and negotiation. Any negligence or lack of due care in these regards will eventually have to be paid for through large contingencies, disputes and litigation |
| Year | 2008 |
| Type | Project |
| School | School of Engineering and Technology (SET) |
| Department | Department of Civil and Infrastucture Engineering (DCIE) |
| Academic Program/FoS | Construction Engineering and Infrastructure Management (CM) |
| Chairperson(s) | Hadikusumo, B. H. W.; |
| Examination Committee(s) | Chotchai Charoenngam; |
| Degree | Project (M. Eng.) - Asian Institute of Technology, 2008 |