Discussion on Perfecting Engineering Guarantee System

Article Preview

Abstract:

At the present stage,China's project guarantee system is not perfect, there are problems such as the same guarantor guarantee the owner and the contractor, the risk consciousness of the construction project market is not strong, the guarantee issued by guarantee agencies is not standard, and the guarantee rate of the engineering is not unified. Such serious problems have influenced the development of China's construction market, reducing the competitiveness of China's construction enterprises in the international market. Actual survey raised a number of recommended countermeasures, such as actively carry out publicity and training work, strengthen legislation and perfect contract management, combination of compulsory and voluntary implementation, actively cultivate the professional guarantee gompanies and engineering guarantee market, perfect social credit system and social security systemm, and determine the reasonable project guarantee fees to establish a correct sense of risk, aiming to further improve our project guarantee system.

You might also be interested in these eBooks

Info:

Periodical:

Pages:

1491-1495

Citation:

Online since:

October 2012

Export:

Price:

Permissions CCC:

Permissions PLS:

Сopyright:

© 2012 Trans Tech Publications Ltd. All Rights Reserved

Share:

Citation:

[1] Grant Jason D.Understanding surety bonds.Construction Specifier. (2003), pp.72-75

Google Scholar

[2] Kangari, R., Bakheet, M.Construction surety bonding.Journal of Construction Engineering and Management. (2009), pp.232-238.

DOI: 10.1061/(asce)0733-9364(2001)127:3(232)

Google Scholar

[3] NiHui. Research of Chinese engineering assured guarantees mechanism. Hangzhou, Zhejiang university. (2008), pp.25-28, in Chinese.

Google Scholar

[4] ZhouChengShi. The applicability of Chinese engineering assured guarantee system in our country. Hangzhou, Zhejiang university. (2010) pp.27-29, in Chinese.

Google Scholar

[5] HuShaoLan, ZhangGuoXing. Construction optimization, (2007), P.17 -19, in Chinese.

Google Scholar