Construction project management based on EPC/M contracts

Authors

  • O. Tugay Kyiv National University of Construction and Architecture, Ukraine
  • T. Vlasenko Kyiv National University of Construction and Architecture, Ukraine

DOI:

https://doi.org/10.32347/2707-501x.2018.35.108-114

Keywords:

owner, investing activities, construction activity, engineering company, engineering services, contractor, project, construction, management, efficiency, EPC/M-contract.

Abstract

The article reveals the content and importance of applying EPC/M contracts for the implementation of construction projects, which are the most common forms of engineering contracts in the practice of the world market. The main characteristics of the contracts are described, their main differences are revealed, the positive aspects of using each of these contracts are determined. The article analyzes the problem of Ukraine’s lagging behind the developed countries in executing by domestic engineering companies EРС(M)-contracts on the implementation of construction projects.

References

Huse J.A. Understanding and Negotiating Turnkey and EPC Contracts, Sweet & Maxwell, 2002

Мариневич Е. Ю. Управление инвестиционно-строительными проектами на основе интегрированных контрактов: дис. канд. ек. наук : 08.00.05 / Мариневич Елена Юрьевна – Москва, 2010. – 162 с.

Малахов В. И. Контрактные модели реализации инвестиционно-строительных проектов [Електронний ресурс] – Режим доступу до ресурсу: https://www.cfin.ru/investor/contract_models.shtml.

Гриффит А. Системы управления в строительстве / А. Гриффит, П. Стивенсон, П. Уотсон. – М: Олимп-Бизнес, 2006. – 464 с.

Управление инвестиционно-строительными проектами: международный подход: Руководство / Под ред. И. И. Мазура, В. Д. Шапиро. - 3-е изд. - М: Омега-Л, 2011. - 736 с.

How to Cite

Tugay, O., & Vlasenko, T. (2018). Construction project management based on EPC/M contracts. Ways to Improve Construction Efficiency, (35), 108–114. https://doi.org/10.32347/2707-501x.2018.35.108-114