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《Construction Economy》 2006-05
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Pilot Results and Developmental Prospects Analysis of Performance Bond and Guarantee System in Public Projects--Based on the Survey of the Bond and Guarantee System Pilot in Shenzhen and Xiamen

DENG Xiao-mei WANG Chun-yang  
Based on the survey for the pilot system of construction bonding in Shenzhen City Xiamen City, the features and effects of construction performance bonding practices for public works in these two cities are concluded and analyzed. It's found that the performance bonding system works quite well in the public works, and it even goes close to high-penalty-bond model given the use of differential bond together with performance bond. It's advised that high penalty conditional bond should be used to replace the current quasi high penalty unconditional bond.
【Fund】: 国家自然科学基金资助(项目号70203004)。
【CateGory Index】: F426.92
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【References】
Chinese Journal Full-text Database 5 Hits
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1 XIE Di,ZHAO Xin-ying(School of Economics,Jilin University,Changchun 130000,China);Development of Real Estate Industry and Government Positioning[J];Journal of Beihua University(Social Sciences);2007-01
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