The how and why of collaborative contracting

richardadams index

Richard Adams unpacks the trend towards greater collaboration in the UK construction industry’s procurement and contractual models

In an industry historically shaped by adversarial contracting and rigid risk transfer, collaborative contracting is emerging as a commercially necessary alternative. From the Construction Playbook to the launch of JCT’s Target Cost Contract, the UK construction sector is undergoing a quiet revolution, one that construction lawyers must not only understand but actively shape.

What does collaboration mean in a contractual context?

Collaborative contracting refers to procurement and contractual models designed to foster co-operation between all parties involved in a construction project. Unlike traditional models, which often pit parties against one another through adversarial terms and lowest-price wins, collaborative contracts encourage early contractor involvement, shared risk and reward, transparent communication and integrated supply chain engagement.

Read more…

This is PREMIUM content, available to subscribers only

You are not currently logged in. Subscribers may LOGIN here.

SUBSCRIBE to access this story

Gated access promo

SUBSCRIBE for UNLIMITED access to news and premium content

A subscription will provide access to the latest industry news, expert analysis & comment from industry leaders,  data and research - including our popular annual league tables. You will receive:

  • Print/digital issues delivered to your door/inbox
  • Unlimited access to building.co.uk including our archive
  • Print/digital supplements
  • Newsletters - unlimited access to the stories behind the headlines

Subscribe now 

 

Get access to premium content subscribe today