Framework for Structuring Procurement Contracts
2014 (English)Report (Other academic)
The aim of this paper is to propose a new structure for classifying contract types and paymentmethods. Concerning the procurement contract types the first important feature is the stepwisestructure with three main steps in the contract design: (1) should the contract only includeconstruction or both construction and operation/maintenance? (2) Who should do the detaileddesign of the premise? (3) How many contractors should the client use? An important newfeature of the structure is that in both step 2 and step 3 there is a continuum of alternatives.Concerning the payment methods the structure is primarily based on how the project specificrisks are shared.
Place, publisher, year, edition, pages
KTH Royal Institute of Technology, 2014. , 16 p.
, Working Paper Series, Department of Real Estate and Construction Management & Centre for Banking and Finance (cefin), 14/9
Procurement, Contract, Construction sector, Infrastructure projects
Economics and Business
IdentifiersURN: urn:nbn:se:kth:diva-154595OAI: oai:DiVA.org:kth-154595DiVA: diva2:758041