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Getting the right incentives into construction management agreements
23
Mar
Doing, Planning, Scope, Selectionconstruction management, contractors, incentives, information asymmetry, moral hazard, remuneration, risk

Getting the right incentives into construction management agreements

Poorly-designed incentives may encourage a contractor to behave in unexpected and unpleasant ways. And construction management is a form of contract that is especially vulnerable. The Construction Management Association of…

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Corvative Pty Ltd provides a range of contract and commercial consultancy services. We have more than 20 years’ global expertise in supporting major project procurement strategy, planning, work packaging, scope development, bid management and contract management in resources and utilities.
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