Abstract:

Abstract:The EPC projects have features of higher complexity, longer construction period and larger investment. Some EPC contractors often suffered large amount of economic losses due to their lack of experiences and lower risk tolerance. Therefore, the risk control, especially the risk control of the stopped and suspended projects is included in key jobs of contract management. According to the starting, postponing and restarting of several projects, the encountered difficulties were analyzed, the treatment experiences were summarized, and targeted suggestions were proposed. The results in this paper are helpful to improve the contract risk control ability of EPC projects.

Key words: Key words:EPC project, contract management, risk prevention and control, stopping and suspending of project construction, compensate