Abstract
The general contractors and owners face more risk in the EPC contract. But the people are usually used in international projects, and it has been applied in Chinese, the use of engineering insurance risk transfer, so choose the right insurance coverage critical to the promotion of the EPC contract. This paper by engineering insurance insuring the two modes: We analysis with the owners insured mode and contractors insured mode, that the contractor insured model is more suitable for the EPC contract, control more effective risk, and eventually reach the owners and contractors a common profits.
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