Collaborative Construction Procurement

Ever since Sir Michael Latham’s report Constructing the Team was published in July 1994, and through subsequent reports by Sir John Egan and Mark Farmer, the construction industry has been encouraged to create value by using more progressive and collaborative contracting strategies.

Whilst there have been some impressive examples of value created by collaborative procurement, the methods used are far from common practice in an industry that is traditionally price driven and risk averse.