A Study Of Modular Design Of EPC Contract For Foreign-Invested Projects

With Foreign Direct Investment (FDI) pouring into our country, there has emerged a large number of Foreign-Invested EPC Projects. Foreign-Invested EPC Projects stick to the international practice of EPC project management, and regard the EPC Contract as"the Constitution"of project. While the decision maker in thinking obout how to take advantages of EPC Project Delivery Model, the primary consideration is how to design a good EPC Contract. Contract Design for Foreign-Invested EPC Projects face the demands of"seek good","seek quick"and"seek customize", this thesis is focused on such design demands that are seemingly contradictory but really practical, then try to find whether there is an reasonable method to meet these design demands. As a modern design method, Modular Design has been used fuzzily in the international project standard contracts long ago, but has not been summarized as a systemic design theory. This thesis attempts to transplant the Product Modular Design Theoretical Model which is relative mature to Contract Design for Foreign-Invested EPC projects, and construct a bridge for the Modular Design and Foreign-Invested EPC Contract Design.Firstly introduces the basic theory of Foreign-Invested EPC Contract which is the study object of this thesis, then analyzes the concept of Modular Design Model which is shown in the international project standard contracts and demonstrates the necessity of Modular Design for Foreign-Invested EPC Contract. Then brings out the basic theory of Modular Design which is the study tool of this thesis, and then analyzes the feasibility of Modular Design for Foreign-Invested EPC contracts, and then take the theoretical model of product Modular Design as the prototype, to build a Modular Design model for foreign-invested EPC contracts, and then take such model as total framework, to analyze the creation method and process of demand modules, functional modules and structure modules for Foreign-Invested EPC contract, Finally, presents the conclusions and deficiencies of this thesis, and the issues needed to be further studied.