Subcontracting and rework cost sharing in engineering-procurement-construction projects

• المؤلفون الرئيسيون: CHEN, Zhenzhen, ZHU, Wanshan, CRAMA, Pascale
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2023
• الموضوعات: incentive contract; moral hazard; project management; rework; subcontracting; Operations and Supply Chain Management
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/lkcsb_research/7449; https://ink.library.smu.edu.sg/context/lkcsb_research/article/8448/viewcontent/SSRN_id4280240.pdf

Infrastructure development projects are overwhelmingly managed through engineering–procurement–construction (EPC) contracts, which allow a project end user to shift all project risks to a contractor. Accordingly, the International Federation of Consulting Engineers recommended a contract template ba...