Procurement and Contract Models

Construction agreements have evolved throughout the years, and there are many variations to suit the best risk allocation between owners and contractors. Among them, design and construct (D&C) contracts emerge as one the most used commercial frameworks.But what...

EPC Contracts: Combining engineering, procurement, and construction for efficient project management. Learn more about their types and benefits.

The development of client needs and desire to implement optimal risk profiles has led to the development and use of different contract styles in the construction industry, such as alliance contracts, design-and-build contracts, managing contracting, construction only, construction management, public-private partnerships, and...

Construction contracts are known for their adversarial nature and numerous disputes. Over the last decades, alliance contracts have gained prominence in the construction industry as an alternative to delivering projects more collaboratively. But what is it?Alliance contracting is...

One of the critical aspects of a construction project development is ensuring that the most suitable contracting approach is implemented.With several options and contracting risk profiles available, construction management and managing contractors' agreements are similar approaches (yet, different) that emerge...

Among many collaborative contracting styles, the managing contractor (MC) approach is one of the most implemented models in the construction industry, being widely used in projects with complex designs and multiple stakeholders. But what exactly is it?The managing...