Singapore Market Intelligence: Delivering Efficiencies with Co | BCA Singapore
Singapore Market Intelligence:Delivering Efficiencies with Collaborative Contracting
Collaboration between project parties is fundamental to improve project planning and create a more productive and resilient Built Environment sector. Developers, contractors and consultants alike must embrace a more collaborative mindset, reinforced by re-designing conventional contracts to incentivise project parties to work together towards a common goal. This is meant to facilitate more equitable risk-sharing between stakeholders and is especially important to stay resilient in a post-pandemic world.
Turner and Townsend shares their opinion in an article on how collaborative contracting can create value and drive innovation in Singapore’s construction sector.
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