Maximising Efficiency & Collaboration In Construction: The Rise of Incentivised Target Cost Contracts
In the ever-evolving landscape of construction, where efficiency, cost control, and superior quality are paramount; incentivised target cost (“ITC”) construction contracts have emerged as a sophisticated and strategic approach to pricing construction projects. This article explores incentivised target cost contracts as a pricing model, exploring their benefits, risks, and the opportunity they provide clients in […]
Innovating Infrastructure Delivery: Exploring Collaborative Delivery Methods
The conventional approach to infrastructure development has undergone a paradigm shift in recent years, with a growing emphasis on efficiency, cost-effectiveness, and timely project completion. These goals are becoming increasingly more difficult to achieve in a market facing significant challenges such as shrinking capacity, labour shortages and economic fluctuation. Collaborative delivery methods have emerged as […]
The Case for Integrated Procurement
Infrastructure projects are at the cornerstone of economic growth and societal progress. Never was this more evident during covid-19 where infrastructure projects were utilised as a key driver in reinvigorating the nation’s economy. Integrated procurement is a strategic approach that streamlines and unifies the procurement process across various phases of infrastructure development. This article explores […]
