New Engineering Contract and Traditional Engineering Contracts
FANG Zhi da
DOI:10.11835/j.issn.1674-4764.2001.06.019
Received ,Revised April 30, 2001, Accepted , Available online July 01, 2015
Volume ,2001,Pages 91-94
- Abstract
This paper analyzes the key principles on which the international traditional contracts and new engineering contract have been drafted as well as the contractual relations among the parties involved in the execution of the project. This paper concluded that the new engineering contract prepared by the Institute of Civil Engineers has shown its unique features in the principles and new management techniques and is able to stimulate good project management.