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Some Suggestions for Chinese Construction Contractor’s Overseas Operations Related to Performance Bond

In: Proceedings of the 19th International Symposium on Advancement of Construction Management and Real Estate

Author

Listed:
  • Yan Li

    (Chong Qing Tai Shou Construction and Engineering Management Ltd)

  • Zhenyu Zhang

    (Chongqing University)

Abstract

For Chinese contractors, performance bonds are required by the majority of projects in overseas market, it is sensible for the companies to address the related issues properly. Based on both conceptual study and empirical study, this paper makes some suggestions for Chinese contractors to improve their ability to deal with performance bonds in overseas market, especially concerns the contractual issues such as drafting bond documentaries, incorporate main contract with bond documentaries and so on.

Suggested Citation

  • Yan Li & Zhenyu Zhang, 2015. "Some Suggestions for Chinese Construction Contractor’s Overseas Operations Related to Performance Bond," Springer Books, in: Liyin Shen & Kunhui Ye & Chao Mao (ed.), Proceedings of the 19th International Symposium on Advancement of Construction Management and Real Estate, edition 127, chapter 0, pages 1243-1252, Springer.
  • Handle: RePEc:spr:sprchp:978-3-662-46994-1_104
    DOI: 10.1007/978-3-662-46994-1_104
    as

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