FIDIC Conditions Of Contract And Their Application In Chinese Railroading Project

FIDIC is the French abbreviation of Federation Internationale des Ingenieurs-Conseils. The mean is International Federation of Consulting Engineers in English. FIDIC league constitutes and promulgates many files of criterion, which are applied in international engineering project area.Chinese railroading has begun, and will adopt the stratagem of the fast development. Chinese railway operating miles will achieve 100,000 kilometers; plan to invest more than 2 trillions Yuan in 2020. But as the last fort of planned economy, railway system doesn't only depend on the increasing of investment to achieve the stratagem goal.In the paper, according to the present development stratagem of Chinese railroading, the author adopts the model of SWOT, thoroughly analyzes exterior opportunity and threatens which Chinese railroading faces, as well as interior strength and weakness in railway industry. Then draw the conclusion that Chinese railroading lies in WO quadrant. We should take a measure to reduce interior weakness, that is to say, transform mechanism, strengthen self-management, and moreover change weakness into strength. To realize the transformation, one of the best choices is based on the management of railway basic facility construction, adopting FIDIC conditions of contract to manage normatively railroading projects.According to the research of Yiwan Railway being constructed, the author believes that in order to apply FIDIC conditions of contract to manage railroading projects, we must relay on modern corporation system, that is to say, adopt project legal person responsibility system and supervisory system. Yiwan railway project exploitation limited liability Corporation is established in order to define the liability and right of promoter, to define the indicators of working cost calculation and profit distribution in detail. Engaging supervisory corporation...