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Impact of Risk Allocation and Equity in Construction Contracts

Publication No
SD-44
Type
Academic Document
Publication Date
Mar 01, 1989
Pages
437
Research Team
RT-005
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DOCUMENT DETAILS
Abstract
Filters & Tags
Abstract
The Construction Industry Institute (CII) Contracts Task Force engaged in this research with the principal objective – “to improve project cost effectiveness and participant relationships through a study of risk allocation in certain contract clauses.
Filters & Tags
Knowledge Area
Construction Execution, Procurement & Contracts, Risk Management
Project Phase
Feasibility, Concept, Detailed Scope, Detailed Design (Engineering), Procurement, Construction, Commissioning & Startup, Handover & Closeout
Project Function
Project Management, Procurement & Contracts, Construction, Risk Management
Industry Group
Light Industrial, Heavy Industrial, Buildings, Infrastructure
Research Topic
Contracts
Keywords
Fixed-cost contract, Cost-reimbursable contract, Contract clauses, Allocation of risk, Incentive plans, Work scope definition clause, Change clause, Project control clause, Cost effectiveness, Indemnity, Consequential damages, Differing conditions, Delay

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