Alliance contracts: keeping risks and costs low together

It is one of the best established events on the subject of construction and in particular construction contract law: the conference was held for the fourth time this year in October “Partnering with construction practice” Instead – as always organized by ÖBV. While initially there were declarations of intent and subtle little plants that shaped the image of the conference, over the years there are more and more actual projects to present and analyse.

Before that, the ÖBV president was enthusiastic Peter Kramer (Switelski) In his keynote, he covered the arc from the 1990s, with the beginning of the claim, to the present day, when the goal of construction is to keep both risks and costs low. This must be achieved through the following three points:

We know that people are the most important factor. Open communication and transparency are the cornerstones of partnership models.
Alternative contract models, whatever their nature, allow us to improve our service delivery, benefit more widely from digital capabilities, lean management, and save money.
Managing risks also means saving costs. If both sides only have one risk pot, they will do everything in their power to avoid using it in the end.