The Assignment of Risks in Collaborative Construction Contracts

Authors

  • Juan Eduardo Figueroa Valdés Universidad de los Andes

    Magister Derecho Internacional, Inversiones , Comercio y Arbitraje Internacional, Universidad de Heidelberg, ex abogado integrante de la Corte Suprema de Chile, Director de la Sociedad Chilena de Derecho de Construcción, Árbitro Internacional, Presidente de la Comisión de Legislación de la Cámara de la Construcción de Chile, socio del Estudio Jurídico Figueroa, Illanes , Huidobro y Salamanca, Director Académico Diplomados de Derecho de la Construcción y de Derecho Inmobiliario, Universidad de los Andes, Santiago, Chile. Profesor Heidelberg Center para América latina. ORCID Id: 0000-0003-4864-8829. Contacto: jef@fihs.cl

Keywords:

Risk assignment, Collaborative contracts, Alliance contract, FIDIC contracts, NEC contracts, FAC-1 construction contract

Abstract

This article examines in particular which are the risks inherent in any construction project, and from them, explains the risk assignment method used in traditional construction contracts, noting that it does not adequately solve the allocation of risks and attribution of blame, making construction projects more expensive. In response to how to face these difficulties, this paper studied the collaborative contracts, their common elements, classes and the way in which risks are distributed, making a detailed analysis of the collaborative contract par excellence, that is, the alliancing or Integrated Project Delivery, to finish carrying out a particular examination of how risk assignment is treated in standardized international construction contractual models, such as FIDIC, NEC and FAC-1 contracts.

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Published

2020-12-12

How to Cite

Figueroa Valdés, J. E. (2020). The Assignment of Risks in Collaborative Construction Contracts. Derecho & Sociedad, (55), 197–221. Retrieved from https://revistas.pucp.edu.pe/index.php/derechoysociedad/article/view/23243

Issue

No. 55 (2020): Derecho de la Construcción

Section

Contratos estandarizados y entornos en colaboración

License

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.