Construction Project Guarantee System Research

The theory research of construction contract guarantee systemThe architecture industry is a profession which concerns the national economy and the people's livelihood. It is very important for each of us.At present, our country's construction market is quite chaotic, the construction enterprise is irregular, the situation of abnormal operation sometimes occurs. Breaking the contract in the progress of a construction project is nothing new, somewhat because the present correlated laws and regulations have not been connected the system to give the rules and regulations. So that, the insincere construction enterprise or people have the chance to be opportunistic, and then it creates the heavy loss frequently.The construction project mostly is greatly invested, and the time limit for a project is a big way long, also the risk is big in the construction process. The engineering construction participates in all quarters including the developer, the contractor, the material equipment supplier and so on all is facing each kind of risk. For the goal to melt risk, avoids the occurrence which or the reduction loses, all application project guarantee way control risk.Construction contract guarantee is one of the effective means for fulfillment risk management of construction contracts. Nowadays many problems exist in Chinese construction market, such as bad quality and non-payment, etc. Based on extensive analysis on construction contract guarantee internationally and nationally, combined with the consideration of the current market condition of China, a proposal of applying contract guarantee system in Chinese construction market is developed.In western industrialized countries, a set of organization systems and operation systems for construction guarantee have already been set up for more than one hundred years. At present on international seen, there is general mainly has American the American guarantee system, England's trustfund system and "Completion Guarantee By Competitor" in Japan and South Korea as well. Through comparing several kind of systems the superiority and the inferiority, the author proposed suitable mainly profits from American under the present China...