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Risk Allocation in Standard Forms of General Conditions for Tunneling Contracts
A construction contract is the primary tool for allocating risk among the contracting parties in the project, especially the owner and the contractor. Presently, many tunneling contracts are prepared by adopting or modifying standard forms of general conditions, which were not designed primarily for tunneling work, leading to contractual disputes among the parties. This paper examines risk allocation in standard forms of general conditions as applied to tunneling projects. Tunneling risk factors were first identified based on literature, analyses, and interviews with experienced tunnel engineers. We then investigated the general conditions of actual tunneling contracts, including the standard forms of general conditions prepared by the International Federation of Consulting Engineers (FIDIC) in order to analyze and compare their risk allocation schemes. The results show that some tunneling risk factors are not included, whereas some are not clearly or appropriately allocated in such contracts. The paper finally discusses some important considerations on improving the risk allocation in the standard forms of tunneling contracts based on the International Tunneling Association (ITA) recommendations.
Risk Allocation in Standard Forms of General Conditions for Tunneling Contracts
A construction contract is the primary tool for allocating risk among the contracting parties in the project, especially the owner and the contractor. Presently, many tunneling contracts are prepared by adopting or modifying standard forms of general conditions, which were not designed primarily for tunneling work, leading to contractual disputes among the parties. This paper examines risk allocation in standard forms of general conditions as applied to tunneling projects. Tunneling risk factors were first identified based on literature, analyses, and interviews with experienced tunnel engineers. We then investigated the general conditions of actual tunneling contracts, including the standard forms of general conditions prepared by the International Federation of Consulting Engineers (FIDIC) in order to analyze and compare their risk allocation schemes. The results show that some tunneling risk factors are not included, whereas some are not clearly or appropriately allocated in such contracts. The paper finally discusses some important considerations on improving the risk allocation in the standard forms of tunneling contracts based on the International Tunneling Association (ITA) recommendations.
Risk Allocation in Standard Forms of General Conditions for Tunneling Contracts
Likhitruangsilp, Veerasak (Autor:in) / Ioannou, Photios G. (Autor:in)
Construction Research Congress 2009 ; 2009 ; Seattle, Washington, United States
Building a Sustainable Future ; 1250-1259
01.04.2009
Aufsatz (Konferenz)
Elektronische Ressource
Englisch
Risk Allocation in Standard Forms of General Conditions for Tunneling Contracts
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