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Fast-Track Project Contracting Strategies by Asebaho Badr is a document available to read on EtoBox.

What is Fast-Track Project Contracting Strategies about?

This document discusses appropriate contracting strategies for fast-track construction projects. It explains that traditional fixed-price and cost-reimbursable contracts often inequitably allocate risks when used for fast-track projects due to incomplete design information. The document introduces convertible contracts as an alternative that can optimize risk allocation. Convertible contracts use a two-stage tendering process and allow the contract type to be converted from cost-reimbursable to fixed-price

Author

Asebaho Badr

Language

EN