Journal article
Contracting strategies for the project environment
Centre for Strategy and Procurement Management, University of Birmingham, Birmingham Research Park, Vincent Drive, Birmingham B15 2SQ, UK1
This paper considers the link that exists between a commercial relationship and the form of contract used in business transactions of a project nature. It comprises conceptual and empirical research, taken from the UK construction industry, to derive a model of optimum contracting strategies for a client organisation.
The paper cites the example of Railtrack plc to indicate the importance of determining and implementing ‘fit-for-purpose’ contractual relations. It is considered that the research has a broader application beyond construction to other project-related environments and to manufacturing industry in general.
| Language: | English |
|---|---|
| Year: | 1998 |
| Pages: | 31-41 |
| ISSN: | 18736858 and 09697012 |
| Types: | Journal article |
| DOI: | 10.1016/S0969-7012(98)00005-7 |
