Why moving to standard contracts can benefit your business
The use of standard forms of contract as opposed to bespoke forms could help improve project delivery for organisations of all sizes.
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The use of standard forms of contract as opposed to bespoke forms could help improve project delivery for organisations of all sizes.
As 30 Hudson Yards nears completion, Senior Vice President for WarnerMedia real estate Tom Santiago looks back at the decisions and milestones that set up and kept the project on track for success, passing on the lessons he has learned to the next generation of real estate leaders.
Getting your supply chain strategy right is key to achieving outcomes and ensuring projects and programmes are delivered on time and to budget.
In the Middle East, risk management has been largely overshadowed by risk taking and the ill-conceived allocation of risk during the tendering and contract negotiations stages.
Putting an additional layer of assurance onto the commercial engagement and management of their supply chain can yield significant benefit to the owner or operator.
Two-stage tendering has fast become the accepted method of procurement in the construction industry, but must be set up and controlled effectively.