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The Solving Mechanism Research On The Question Of Construction Payment In Arrears

Posted on:2005-08-28Degree:MasterType:Thesis
Country:ChinaCandidate:M FanFull Text:PDF
GTID:2156360122486423Subject:Management Science and Engineering
Abstract/Summary:PDF Full Text Request
Along with the development of economy in our country, the Construction Industry has made much progress. But in recent years, the question of construction payment in arrears has become seriously in Construction Industry. The phenomenon of construction payment in arrears has affected seriously the process of construction, destroyed the economic order and the credit condition in society, but also led to the question of construction enterprise defaulting builder wage. The phenomenon of construction payment influenced on the society tranquilization and has become a social effects of pollution, so, it is the time to punish this behavior.The paper investigated deeply the reason of the phenomenon of construction payment in arrears, and tried to build the valid methods to settle this question. Firstly, the paper investigated deeply the reason of the phenomenon of construction payment in arrears and jeopardize of its, summing up the research actuality on settle the question and collecting the overseas advanced experience. Secondly, the paper analyzed the subjective and objective reason of the phenomenon and the reason of labor's wage in arrears, and on the basis of Information Economic and Game Theory, analyzed some correlative questions with construction payment in arrears, providing the economical basis for the next analyzing. In the end, the paper put forward the whole plan of settling the phenomenon of construction payment in arrears. The whole plan include several aspects as follows: supervising and management by government, creating the construction market admittance system, perfecting the correlative legal clause, creating the system of construction market credit management andconstruction surety and assurance, improving the level of enterprise management and so on. Besides, the paper put forward other methods from Bank credit; Government settlement and Creditor's rights discount to settle the question of payment in arrears.The research and discussion on this problem has important meaning for maintaining the benefit of people, standardizing the order of construction market, recreating market credit and improving the construction development healthily.
Keywords/Search Tags:The Phenomenon of Construction Payment in Arrears, Adverse Selection, Engineering Both Surety, The Priority of Contractor Compensated, Asymmetric Information, Creditor's rights discount
PDF Full Text Request
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