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Augmenting the Incentivizing Power of Target Cost Contracting in Integrated Project Delivery
Publisher: American Society of Civil Engineers
Abstract: Target cost contracts (TCCs) with risk/reward-sharing incentivizing arrangements are often used to promote performances in integrated project delivery (IPD) projects. However, setting the target cost can be challenging due ...
Unveiling Embedded Risks in Integrated Project Delivery
Publisher: ASCE
Abstract: Integrated Project Delivery (IPD) is an innovative procurement approach through which the client, designer, and contractor work together under one contract as a team. While an integrated team is expected to be able to ...
Adoption of Integrated Project Delivery Practices for Superior Project Performance
Publisher: ASCE
Abstract: This case study investigates whether the adoption of practices related to integrated project delivery (IPD) process may bring about better performance of construction projects in Singapore. Data were collected using a ...