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Study on the Application of Retention Money in the FIDIC Conditions of Contract 1999 Edition

FIDIC 계약조건에 적용되고 있는 유보금의 적정성에 대한 연구 (FIDIC 계약조건 1999년판 기준)

  • 현학봉 ((주)씨플러스인터내셔널) ;
  • 박형근 (충북대학교 토목공학부)
  • Received : 2018.02.27
  • Accepted : 2018.04.15
  • Published : 2018.06.01

Abstract

Most of the conditions of contract applied in international construction contracts, including various conditions of contract published by FIDIC, include the provision for Retention Money which inevitably result in negative impact on cash-flow or financial burden to the contractors. In this study, fundamental reasons behind the application of Retention Money provisions are analysed and contractual mechanisms included in the FIDIC conditions of contract are searched, which include provisions for Performance Security and Defects as well as Termination, so that proper judgement can be derived on the application of Retention Money. In conclusion, considering the various contract provisions, performance security, termination of the contract by the Employer etc. included in the FIDIC conditions of contract, it is not necessary to include the provision for Retention Money.

FIDIC 계약조건을 포함하여, 대부분의 국제건설계약조건에, 시공자들에게 부정적인 영향이나 재정적 부담을 필연적으로 야기시키는 유보금조항이 적용되고 있다. 본 연구를 통해 유보금 조항을 왜 적용하는지를 알아보고, FIDIC 계약조건에 포함된 이행보증과 하자관련 조항 및 계약해지 조항을 조사함으로써 유보금 적용에 대한 적정한 판단을 이끌어 내었다. 결론적으로 FIDIC 계약조건에 포함되어 있는 다수의 계약조건들과 이행보증 및 발주자에 의한 계약해지 조항 등의 내용을 고려할 때, 유보금 조항을 계약에 포함하는 것이 불필요하다.

Keywords

References

  1. AIA Document A201-2007 General Conditions of the Contact for Construction.
  2. Conditions of Contract for Construction (1999). FIDIC.
  3. Conditions of Contract for Construction (MDB Harminised Edition) (2010). FIDIC.
  4. Conditions of Contract for Design-Build and Operate Project (2008). FIDIC.
  5. Conditions of Contract for EPC/Turnkey Project (1999). FIDIC.
  6. Conditions of Contract for Plant and Design-Build (1999). FIDIC.
  7. The Export-Import Bank of Korea (2015). Trend and Issues in Global Construction Market.