Contracts

Setting contingecy in IPD contracts

Why thinking holistically is important when setting contingencies in IPD contracts

​​One of the biggest challenges project owners, contractors and design firms have is negotiating a contract price and setting a contingency in lean IPD contracts. In a lump sum project, that’s not an issue, as the owner usually chooses the lowest bid for a contract without having any transparency into

Why thinking holistically is important when setting contingencies in IPD contracts READ MORE

delivery models for commercial design and construction projects

Four delivery models for commercial design and construction projects

In this article, you will read about the most typical delivery models for commercial construction projects across complex industries, such as healthcare, semiconductors or pharmaceutical manufacturing.    Design Bid Build Design Bid Build is very common in Public Works and with many private owners. Early in my career, the majority

Four delivery models for commercial design and construction projects READ MORE

Building Complex Capital Projects with Lean Integrated Project Delivery

Building Complex Capital Projects with Lean Integrated Project Delivery

Complex capital projects across all industries, from health care, oil, gas, mining, manufacturing and power generation all have at least one thing in common. According to research performed by the Construction Industry Institute, they have a high probability of finishing late and over budget. It seems that the larger and

Building Complex Capital Projects with Lean Integrated Project Delivery READ MORE

Zero Sum to Win – Win

An Australian Perspective on Integrated Project Delivery In many parts of the World, contracting can seem like the modern-day equivalent of a Roman gladiatorial battle, where a single project cost blow-out can end a promising political career or bankrupt a once profitable company. The Rules of the Game The rules

Zero Sum to Win – Win READ MORE

Scroll to Top