The Beginning Of Bill Of Quantity Financing Export Credit Insurance In American Commercial Real Estate Projects

As China's "one belt,one road" initiative is striding forward,more and more Chinese engineering contracting enterprises enter the international market,and the number of enterprises engaged in foreign contracted projects is increasing rapidly,and the scale and volume of enterprises are also increasing.However,the significant characteristics of foreign contracted projects are usually large investment amount and long construction period.Due to the fact that the project is not located in the country and the situation is usually complex,it is more likely to be affected by unforeseen factors in the process of project implementation,and the risks occurred in the project implementation cannot be dealt with in time.If these risk factors are ignored or underestimated,it will bring huge losses to the project contracting enterprises.Risk control in project implementation is an important part of project management.It is closely related to the self-interest of the project contracting enterprises,and more and more attention is paid by the contracting enterprises.Export credit insurance is the only formal ECA organization in China,which provides professional credit insurance products and services for export enterprises.Through the insurance of export credit insurance,we can obtain the risk identification and judgment ability that the enterprise can't realize.Improve the internal risk management of the enterprise.Due to the complexity and long duration of foreign contracted projects,the project amount is increasing day by day,which puts forward higher requirements for the financing ability of contracting enterprises.How to reduce the risk in the execution of foreign contracted projects,how to play the role of export credit insurance,and how to solve the problem of financing while undertaking the project risk for foreign contracted projects are discussed.This paper first summarizes the basic theories of export credit insurance and foreign project contracting financing,analyzes the problems and possible risks that Chinese project contractors encounter in the process of carrying out foreign project contracting projects,and then clarifies the types of risks and analyzes them.In the process of insuring export credit insurance,export credit insurance companies put forward Risk control measures,give play to the role of export credit insurance,provide a reference for export enterprises to better control the risk in the process of project implementation.Aiming at the problems of complex project structure,long duration and large amount in the process of project implementation,this paper studies how to control the risks in the process of international contract project implementation and how to play the role of export credit insurance,which not only helps enterprises to expand overseas market,but also plays the role of financing tools.