The shared risk/reward concept of an integrated project delivery (IPD) arrangement is an increasingly attractive collaborative approach to construction projects. But IPD is still a relatively new concept with unique risks and challenges. In my recent article for the Daily Journal of Commerce, I discuss some key points that should be considered before undertaking any … Continue Reading
According to an October 15, 2015 report published in the Engineering News-Record, covering the broadest survey performed to date on IPD, the industry is moving toward more collaborative contracting schemes, with what appears to be an overwhelmingly positive response strongly supporting risk and reward sharing multi-party agreements. Conducted by the University of Minnesota and sponsored … Continue Reading
