Contractual relations of participants in the life cycle of a construction project

¹ Moscow State University of Civil Engineering, Yaroslavskoe shosse, 26, Moscow, 129337, Russia
² All-Russian Research Institute for Nuclear Power Plants Operation (VNIIIAES) ; Moscow, Russia

^* Corresponding author: gusakovaea@mgsu.ru

Abstract

Contracts accompany all stages of the life cycle of a construction object. The contractual relationship should ensure a balance of production and economic interests of numerous participants in the construction project and stakeholders of the project. When a project is being implemented by several dozen contractors, it is difficult to achieve a balance of interests, the content of contracts is often multidirectional or contradicts each other. In order to systematize the relationships of the project participants, contractual relations in the construction industry and the functions of the subjects of contracts are analyzed. The structure of contracts in construction, based on the cash flow of the project, is proposed. Allocated 6 groups of contracts: agreements concluded by the investor; contracts concluded by the developer, employer; contract agreements; contracts for the supply of goods and the provision of services; collective and individual labor contracts. The main features of each group of agreements and the functions of the subjects of agreements in Russia and abroad are considered. It is shown that, as part of the theory of project management, it is relevant and expedient to develop a section on the structure of contracts, planning a contract campaign and support for a complex of project contracts. It is proposed to develop contracts and think through the contractual terms of the project agreed, under the leadership of the project management team.