Type
General Knowledge
Author
Ernesto E. Henriod, Jean-Marie Lantran
Organization
The World Bank
Published in
2000
Submitted by
Olim Latipov
Related theme(s)
Finances & Economics
Region
All Regions
Country
International

TRENDS IN CONTRACTING PRACTICE FOR CIVIL WORKS

This paper takes looks at the contracting practice, criticising the business environment in which it tends to operate and proposing a fresh approach to the contractual relationship. It suggests better ways of assessing risk, the form of contract and the expectations of the contractor, as well as providing a list of other resources on the subject.