1 AIT Asian Institute of Technology

Risk management in price adjustment contract : a case study of construction project in Vietnam

AuthorHoang Thi Hai Anh
Call NumberAIT Proj. no.MPM-CM-10-27
Subject(s)Construction industry--Risk management--Vietnam
Construction contracts--Vietnam

NoteA Project submitted in partial fulfillment of the requirements for the degree of Master of Engi neering (Professional) in Construction Engineering and Infrastructure Management, School of Engineering and Technology
PublisherAsian Institute of Technology
Series StatementProject ; no. MPM-CM-10-27
AbstractRisk management in construction contract is always important items helping reduce the arising damage or disputes and is a solid basis to force the parties to fulfill their responsibilities in the contract. In the contract, payment issues are always the co re issues and often cont roversial if it's not really clear. Contract price adjustment due to price fluctuation is quite outstanding issue in Vietnam from 2008 to now; it has made the aut horized agencies issue up to ten guiding documents within only one year to settle th e problems during contract performance. With my own experiences, in this report I would lik e to talk about the popular errors while preparing the terms of payment of contract, especially the contracts in which form of contract price is based on adjustable pri ce of the State-funded pr ojects in Vietnam. I do hope that my ideas shared above will he lp the Contractors and the Clients of the similar projects minimize the ri sks in the construction contract.
Year2010
Corresponding Series Added EntryAsian Institute of Technology. Project ; no. MPM-CM-10-27
TypeProject
SchoolSchool of Engineering and Technology (SET)
DepartmentDepartment of Civil and Infrastucture Engineering (DCIE)
Academic Program/FoSConstruction Engineering and Infrastructure Management (Professional Master) (MPM-CM)
Chairperson(s)Hadikusumo, Bonaventura H. W.;
Examination Committee(s)Chotchai Charoenngam ;Santi Charoenpornpattana;
Scholarship Donor(s)Saigon Construction Quality Control Company;
DegreeProject (M. Eng.) - Asian Institute of Technology, 2010


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