Does Contracting Strategy Matter?

City: Virtual
Location: Virtual Conference

Few topics evoke as much controversy amongst project leaders, both owners and contractors alike, as contracting strategy. Deeply held beliefs reinforced by structural foundations drive decisions on contracting strategy, regardless of what actual performance data suggests.

Owners and contractors are not inherently misaligned. Owners want competitive, predictable cost, schedule, safety and production performance. Contractors want to exceed customer expectations and make a fair profit. However, despite what type of contract is used, there is a gap between expectation and actuality which means that the appearance of risk transfer to the contractor is not as complete as might be expected by owners. Clearly, something needs to change.

Conference Recording

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