Gain pain
The Integrated Project Insurance (IPI) Model, Project Procurement and Delivery Guidance, published by the Cabinet Office in 2014 suggests that the gain/pain share mechanism can be used: ‘…to identify and reward all key alliance members for effective collaborative management of the project/programme and its associated risks and benefits to successful conclusion.’
An alliance contract is: ‘A collaborative “non-tiered” alliance contract between a client and the other members of an integrated team.’
[edit] Related articles on Designing Buildings Wiki
- Agreement.
- Construction contract conditions.
- Construction contractor.
- Contract documents for construction.
- Contract.
- Cost led procurement.
- Design and build procurement route.
- Open book accounting.
- Integrated project insurance.
- Integrated project team.
- NEC4 Alliance contract.
- Partnering.
- Procurement route.
- Standard form of contract.
- Supplier.
- Two stage tender.
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