Several legal issues on construction contract termination
Abstract
A construction contract is a legal binding agreement between the contracted parties on the construction performance specified in Construction Law 2014 and its enforcement guideline documents. New construction law system creates a legal framework for the contracting parties to enter into and execute the construction contract but there are some problems inside. In this article, the authors focus on analyzing the regulations of construction contract termination under the Decree 37/2015/ND-CP and its aspects of legal construction technique and content, therefore assess to clarify the inadequacies of those regulations. As a result, the article proposes some recommendations to improve the law’s regulations on construction contracts termination in particular and the law of construction in general.
Keywords: Construction contract; construction contract termination; damage compensation; contract cancellation; general law and sector-specific law.
Received: October 11th, 2017; revised: October 30th, 2017; accepted: November 2nd,2017
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