Procurement and Contract Models
What Is Progressive Design-Build? How It Works and When to Use It
Progressive design-build is a project delivery method in which the owner selects a design-builder early, works collaboratively with that team during a development phase, and only finalises the full commercial commitment for delivery once the design, scope, price,...
Integrated Project Delivery (IPD): What is it?
Traditional construction contracting and delivery approaches like Design-Bid-Build, EPC, or Design and Construct have long been the industry’s standard. However, they often leave teams working in isolation, with divided priorities and a tendency for disputes that often derail...
Power Purchase Agreements (PPAs): What They Are and Their Relevance to the Construction Sector
The energy transition is no longer just a policy debate — it’s a practical challenge reshaping how we design, build, finance, and operate infrastructure. With governments committing to net-zero targets and developers under pressure to decarbonise, energy is...
What is a Notice to Proceed (NTP) in Construction Contracts?
In construction projects, formal approvals and well-defined timelines are essential for seamless execution. A key document in this process is the Notice to Proceed (NTP), which grants a contractor the official authorization to commence work.Beyond its administrative function,...
EPC vs EPCM – What is the difference?
After reaching a final investment decision for a specific project, owners will typically proceed to tender and procure the construction package, selecting a skilful contractor to deliver the works.In the industrial construction space (i.e. energy plants, mining plants, oil and...
Balance of Plant (BoP) Contract: What is it? How it Works?
Construction contracts evolve to address industry needs, such as funding and financing requirements, risk appetite, and market conditions. With the recent increased flow of investments in energy projects, construction professionals have implemented different commercial arrangements to deliver these.Typically,...
What is Contract Novation? (Examples and Key Features)
To respond to the evolving nature of the construction industry, professionals in the niche have developed different procurement approaches and incorporated different contractual mechanisms to improve risk allocation and suit clients' preferences.One common mechanism found in contemporary contracting...
Public Private Partnerships (PPPs): What are they? How they Work?
Public-Private Partnerships (PPPs), also known as P3s, have emerged as a procurement option for many governments worldwide over the last few decades.At the heart of this contracting approach, public institutions aim to deliver better public services and improved...
Construction Manager at Risk (CMaR): What is it? How it Works?
Construction projects are known for their complexity and dynamic nature throughout their lifecycle. Over the last few decades, multiple contracting frameworks have been developed to improve risk allocation between the parties and optimise project outcomes.Among them, the construction...
Performance Bond: What is it and How it Works? (How to Obtain one?)
Insurance is crucial in mitigating risks and providing financial protection for various stakeholders involved in construction projects, such as owners, contractors, and financiers. These days, a wide range of policies exist with different coverage purposes. These guarantees are typically implemented to...
Construction intelligence, commercial insight and practical resources for infrastructure and energy professionals.
