MI Shoub
Abstract
The paper analyses the risk factors and the evaluation points of the main construction contract as the example of a total turnkey contract of power plant owned by Steel plant. It proposes construction contract risk management and control preventive measures in order to help the contractor estimate full risks and share risks reasonable.
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The paper analyses the risk factors and the evaluation points of the main construction contract as the example of a total turnkey contract of power plant owned by Steel plant. It proposes construction contract risk management and control preventive measures in order to help the contractor estimate full risks and share risks reasonable.
Key concepts: Turnkey, Construction contract, Contract management, Risk prevention, Order (exchange), Risk management, Control (management), Business