What is Integrated Project Delivery (IPD)? The contract from an owner’s perspective.
Many owners are reworking their capital project delivery strategies to deliver complex projects with increased reliability. Design / Bid / Build and Negotiated GMP models are not delivering the value to clients that they demand in order to keep up with their business requirements.
Integrated Project Delivery is a new concept in the AEC Industry. What exactly is IPD or Integrated Project Delivery?
Some owner organizations have been implementing IPD for many years while other well known companies are starting their first IPD pilot projects. The model is gaining traction as a viable and proven model for successfully delivering large, complex projects.
What are the primary components of an IPD contract? How do you select partners and put a team together? How do you create an aligned Risk/Reward plan, set contingency, and make sure that you are getting the “right” numbers if you don’t bid the project.
This 45 minute webinar covers these questions with real world examples and project experience.
James Pease will discuss the core components of Integrated Project Delivery and share specific examples. Topics will include:
- Team Selection
- Contract Stucture
- Risk / Reward Plans
- How to Set Contingency
- Checking the Numbers
James Pease has worked in the design and construction industry for more than 15 years as an owner. Over the last 10 years, he represented a major health care provider in the implementation of IPD on more than 15 projects valued in excess of $650 Million. He has been a consultant owner’s representative to multiple organizations including the University of California, Washington Hospital and John Muir Health. He started his owner career as a project manager for Stanford University Medical Center. James has a BS in Management Science from the University of California, San Diego and is a Ca Licensed General Contractor.