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Reasons Underlying a Mandatory High Penalty Construction Contract Bonding System
Publisher: American Society of Civil Engineers
Abstract: Mandatory high penalty conditional bond in public works features the current U.S. construction contract bonding system, which is unique to the low penalty unconditional bond, a more popular choice on the international ...
Sustainable Development Planning of Protected Areas near Cities: Case Study in China
Publisher: American Society of Civil Engineers
Abstract: The regional level is believed to be an important platform to carry out sustainable development (SD) strategies. In China, the rapid urbanization process causes city expansions. To protect environmentally sensitive areas ...
Risk Sharing Strategies for IPD Projects: Interactional Analysis of Participants’ Decision-Making
Publisher: ASCE
Abstract: In the Integrated Project Delivery (IPD) approach, partner selection, contract signing as well as the signing of participants’ task scope, and the setting of incentive plans usually take place before the design of a project ...
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