International engineering contracting

International engineering contracting-What is an international engineering contracting?

International engineering contracting (International Contracting for Construction,) is an integrated business activity and international economic exchanges, is a form of international contractors (companies) to provide its own technology through international bidding, the proposed standard or other consultative approach,, capital, labor, management, equipment and materials, permission, according to the requirements of the foreign project owners (the Employer), its to create projects or engage in other economic activities, the terms of the contract and agreed in advance the fees charged by the international economictechnical cooperation.

International engineering contracting/International Contracting for Construction - scope of business

(A) engineering design

(B) the transfer of technology

(C) machinery and equipment supply and installation

(D) the supply of raw materials and energy

(E) Construction

(F) funds

(7) Acceptance

(H) training of personnel

(I) technical guidance

(10) management

Undo edits

International project contracting /International Contracting for Construction- Features

(A) The project content is complex and extensive

(B) of the project cycle, risk

(C) the high level requirements of the project

(D) international project contracting is a typical international trade in services

 

International engineering contracting - way
(1) a separate contract
Contracting companies from foreign owners, independent contractor of a particular project. This way, the contractor responsible for the entire project, after the completion of the project, the owners of acceptance before the end of the entire contract. Engineering needed for the building materials, equipment, labor, temporary facilities, etc. are all responsible by the contracting company.
(2) The general contractor
The general contractor is a contracting company overall contracting a project, and take full responsibility for the entire project. But it can be part of the project subcontracted to other contractors, the sub-contractor responsible for the general contracting company, rather than a direct relation with the owners. International engineering contracting commonly used way of the general contractor.
(3) joint contracting
Several contracting companies based on their respective strengths, a project of joint contracting of foreign countries. Each responsible for part of the task of building contract, and independently responsible to the owners.

 

International engineering contracting/International Contracting for Construction - the basic procedures

The international project contracting is the one related to economic, technological, legal and other aspects of trade in services. It has the contract amount, long cycle, and risk. Thus, when conducting international project contracting, must be fully prepared, but also have a high level of technical conditions and management experience. The basic procedures for this project are as follows:

(A) extensive collection of tender information, and with the host country for the investigation

(B) to prepare a good pre-trial information submitted detailed

(C) in-depth study of tender documents and participate in the pre-bid meeting

(D) the right to determine the offer level

(E) evaluation, the successful signing of the contract

 

International Engineering Contract
(A) of the international engineering contract types
(1) divided by the price of the composition and method for determining the price of, the contract can be divided into a lump sum contract, unit price contracts and cost plus fee contract.

(2) divided by the contents of the contract, can be divided into construction contracts, equipment supply and installation contracts, engineering and consulting contracts, engineering services contracts, turnkey contracts, cross-product contract.

Divided by contracting methods can be divided into lump sum contracts, subcontracts and two Contract.
(B) the signing of the international engineering contract should pay attention to
International engineering contracting business, Discussion of the terms of the contract is a vital link, once the contract is signed, the rights and obligations of both parties, as the Code of Conduct. In order to ensure the signing of the contract, the specific terms of the contract, should pay attention to the following question:

A reasonable requirement that the project duration and start time

2 to clearly defined scope of works and construction process requirements

3 must be clear terms of reference of the engineer

(4) should be included in the price terms on which the increase in terms of

(5) to fight as a means of payment in convertible currencies


International project contracting- insurance

The risk of (a) international project contracting activities

1, the political risk

2, the economic risks

3, other risks

(B) the risks of international project contracting

1, Contractors' All Risks

2, third-party liability insurance

3, personal accident insurance

4 car insurance

5, cargo transport insurance