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Partnering - a new philosophy in business

Authors :
Copare, Philip B.
Source :
Transactions of the American Association of Cost Engineers. Annual, 1994, pHF3, 4 p.
Publication Year :
1994

Abstract

The US Army Corps of Engineers has benefitted from partnering with contractors on its construction projects. Partnering is beneficial to contractors, vendors, designers and owners because it minimizes exposure to litigation and claims. The successful application of the concept, however, requires empowered participants to solve problems once they occur, conduct periodic evaluations, implement dispute resolution mechanisms and use workshops to hammer out common goals on safety, scheduling, payment and other issues.

Details

ISSN :
00657158
Database :
Gale General OneFile
Journal :
Transactions of the American Association of Cost Engineers
Publication Type :
Periodical
Accession number :
edsgcl.17614023