Research On Engineering Guarantee And Its Claim System

Establishment and operation of engineering guarantee system are very important to carry out construction contract.To integrate with the world market and maintain the construction market order in china, it is essential to research the engineering guarantee system.First of all, to provide the combination between guarantee system and construction project with a foundation, the concept of guarantee is wholly defined from legal aspect. The charge incurred through guarantee is classified as the employer claim. Then the contexts of employer claim is discussed at length. On this foundation, the relationships between construction claim and guarantee claim are studied. From the view of bank guarantee and specialty guarantee, things concerning claim are discussed. Finally, responsibilities hold by guarantee are investigated based on the characteristics of contract relieve.