#bid-build

The trouble with construction is there are so many types of risk that it is impossible to avoid them all, but what if we could pinpoint the behaviors and practices that bring on the greatest opportunities for risk?

Construction projects are fraught with risk.  Increased cost, delayed schedules, site safety, property damage, and poor quality are just a few.  Procurement is uniquely positioned to mitigate these risks.  The key is knowing when and where these risks could arise and having the expertise to know how risks can be mitigated. The trouble with construction is there are so many types of risk that it…

Industry Watch - Alliance Arrangement Models - What are They and How Do They Work A unique method of creating a legal entity that falls short of forming a Joint-Venture (JV) yet goes further than typical construction agreements.

In a recent post we learned that the Specialist Engineering Contractors’ (SEC) Group is promoting “Alliance Agreements” to deal with procurement concerns.

Today I want to talk about how these arrangements work and discuss similar arrangements around the world that use the same strategy.

Virtual Organizations

One of the principle tenants of alliance agreement is the formation of a “Virtual…