The procurement process plays a critical role in the construction industry. It sets the project culture and defines the value sought and delivered. It thus has a big role to play in transforming the industry.
In partnership with the Centre for Digital Built Britain (CDBB), Construction Innovation Hub and King's College London's Centre of Construction Law, the Laing O'Rourke Centre has launched a White Paper and a multi-party ‘Integrated Information Management Contract’ (‘IIMC’) which aims to support the industry to realise the benefits of a collaborative approach towards procurement.
The IIMC is supported by a newly published ‘White Paper on Procurement Strategies for incentivizing collaborative delivery to optimize whole-life outcomes’ which explores how a collaborative approach to procurement can help to deliver projects better, faster, greener and safer with a focus on whole-life net-zero targets and building safety and a greater emphasis on creating social and environmental as well as economic value.
Access the White Paper here.
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