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Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

Research on the Impact Mechanism of Engineering Changes on Contract Price

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DOI: 10.25236/icepbm.2018.87

Author(s)

Yaru Ren

Corresponding Author

Yaru Ren

Abstract

The complexity of project construction causes the uncertainty of the construction process, making the project change ubiquitous in the construction project, and engineering changes will lead to the contract price adjustment. Based on the analysis of the factors that caused the engineering change, the paper clearly defined the range of the factors that can cause the engineering change phenomenon, and then analyzed the adjustment factors of the contract state elements and the contract price, and established the association between them to explain the adjusting mechanism of the contract price so as to prevent the two parties from doing so. The issue is controversial and the efficiency of contract performance is improved.

Keywords

Engineering Change, Contract Price, Oontract Status.