Collaborative Contracting for Better Complex Project Outcomes

Date: 26 November, 2020
Time: 3:00pm-4:00pm AEDT
Registrations close: 25 November, 2020
Format: Webinar – Delivered Online
Prices incl. GST: $34.97 members, $49.95 non-members

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ABOUT THE WEBINAR

In a world where success is increasingly measured by outcomes, contract and commercial management takes on a new importance particularly when outcomes are delivered by projects operating in an environment of ever increasing complexity where uncertainty abounds.

Traditional contracts allocate responsibilities and risk, which encourages the blame game, rather than problem-solving, when things go wrong. The purpose of contracts is to establish the agreement that the parties have made and to set their rights and duties in accordance with that agreement. This purpose represents the universal understanding of the use of a contract. All too frequently this is limited and adversarial.

AIM

In this webinar, Owen Hayford, a leading major projects lawyer, with over 25 years’ experience advising on the procurement, delivery and operation of major infrastructure projects, will discuss the advantages of collaborative contracting. In this webinar you will learn about:

  • What is collaborative contracting?

  • The impact of misaligned incentives

  • A 3-limb alliance style payment regime that can deliver cost savings to the project owner
  • The spectrum of alternative approaches to the risk of cost overruns
  • The spectrum of approaches to time risk
  • The spectrum of approaches to quality risk
  • The spectrum of approaches that can be adopted on liability
  • Decision making and governance approaches that can be adopted
  • Early warning and proactive risk management

ABOUT THE SPEAKER

Owen is a leading major projects lawyer, with over 25 years’ experience advising on the procurement, delivery and operation of major infrastructure projects. He advises government, consortia, contractors, operators, financiers, investors and subcontractors – on some of Australia’s most significant and complex projects.

Owen advises across a broad range of contract delivery models including privately financed PPPs, long term performance-based Design, Build, Operate & Maintain Contracts, and Collaborative Contracts (such as Alliance Contracts, Managing Contractor, Delivery Partner Model).

Owen is a senior fellow at the University of Melbourne where he teaches a post-graduate course on Public Private Partnerships.

WEBINAR FEE

  • ICCPM Members: $34.97 incl. GST
  • Non-ICCPM Members: $49.95 incl. GST

REFUND POLICY

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