The Research On Contract Risks Of Agent Construction Manager Of Road Construction Projects Invested By The Government

At present, agent construction system applied in road projects invested by our government is still in its infancy. Laws and regulations related to agent construction system are incomplete, without authoritative text of agent contract of the ministerial, distribution of responsibilities, rights and obligations between parties in agent contract is unbalanced, risk allocation is unreasonable, and problems such as low income, high performance guarantee of the agent construction system, Lead the agent construction enterprises suffered many risks in the implementation process. Therefore, research on the agent construction system has become a hot in project management circles, many experts and scholars have made a lot of research from different fields and perspectives, using different theories and models. After read and summarize a large number of papers, journals and literature from home and abroad, found that studies are focused on the comparison of agent construction mode, agent construction system problems in implementation and agent construction risks, and these aspects, risk analysis of agent construction is stuck on the level of risk identification, but lack of quantitative analysis and integrated consider into account; lack of systematic research on details of the subsidiary terms of agent construction contract, agent contract default risk and other issues. Therefore, the depth of the research on agent construction risk is clearly insufficient.The signing of the agent construction contract means a lot of risks and challenges to the agent construction enterprises. This article is mainly from the perspective of the agent construction enterprises, based on the concept and characteristics of agent construction contract, and combined with a real road construction project as an instance, through the combination of qualitative and quantitative analysis method, researched the risk factors and formation mechanism which led the risk generated firstly; then conducted a study on the negotiation about the proportion of performance guarantee between the government investor and agent construction enterprise through the bargain theory; in view of the characteristics that many risk factors are relevant in the process of roads construction invested by the government, drawing the link function(copula) which is commonly used in financial risk prediction as a tool, measured the integrate default risk of the agent construction enterprises; Finally, proposed the specific measures of agent construction contract risks.This paper argues that, a successful agent contract performance depends on every kind of risk factors have been fully and comprehensively forecast and control or haven't. Expect that through this research to provide some reference and inspiration for the agent construction enterprises those prepare to participate in government invested road projects.