Construction Contract Management: Policy Mechanisms and Influencing Factors

Abstract

A construction contract is a civil contract agreed in writing between the principal and the contractor to perform part or all of the work in construction investment activities. Construction contracts include many different types, corresponding to stages and tasks in the construction process of a project. However, no matter what type of contract it is, it must comply with some basic legal issues that are the foundation of construction contracts. During the contract implementation process, the role of management is extremely important. The purpose of this study is to analyze several policy mechanisms in construction contract management and identify factors affecting construction contract management, and some inadequacies in construction contract management, from there, propose some solutions to improve construction contract management according to Vietnam’s law.