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What is Evaluating 2005 Building Contract Effectiveness about?

This dissertation evaluates the effectiveness of the New Standard Form of Building Contract introduced in 2005, focusing on its impact on stakeholders in the construction industry. Through interviews, it was found that the New Form generally promotes fairer risk allocation and enhances efficiency, although some stakeholders still prefer the Old Form due to familiarity. The findings suggest that with time, the New Standard Form may gain wider acceptance in the industry.

Author

kosalok

Language

EN