Cooperative contracting on major engineering and construction projects

Engineering Economist

Volumn 51, Issue 1, 2006, Pages 35-51

  Berends, T ^a  

^a SHELL GLOBAL SOLUTIONS INTERNATIONAL B V   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

CONSTRUCTION PROJECTS; COOPERATIVE CONTRACTING;

CIVIL ENGINEERING; CONSTRUCTION; GAS INDUSTRY; PETROCHEMICALS; PETROLEUM INDUSTRY;

PROJECT MANAGEMENT;

EID: 33644667620     PISSN: 0013791X     EISSN: 15472701     Source Type: Journal    
DOI: 10.1080/00137910500524844     Document Type: Article

References (20)

1. Al-Subhi, Al-Harbi K.M. (1998) Sharing fractions in cost-plus-incentive- fee contracts. International journal of Project Management, 16(2): 73-80.
2. Berends, T.C. (2000) Cost plus incentive fee contracting - experiences and structuring. International journal of Project Management, 18(3): 165-171.
3. Berends, T.C. and Dhillon, J.S. (2004) An analysis of contract cost phasing on engineering and construction projects. The Engineering Economist, 49(4): 327-337.
4. Campbell, D.E. (1995) Incentives - Motivation and the Economics of Information. Cambridge University Press, Cambridge, UK.
5. Chapman, C.B., Ward, S.C. and Bennell, J.A. (2000) Incorporating uncertainty in competitive bidding. International journal of Project Management, 18: 337-347
6. Construction Industry Institute (1991) In search for partnering excellence. CII Special Publication 17-1.
7. Construction Industry Institute (1998) Innovative contractor compensation. CII Research Summary 114-1.
8. De Groen, T., Dhillon, J., Kerkhoven, H., Janssen J. and Bout, J. (2001) 2 X 2 Your choice for projects, twice as cost effective, twice as fast. NAP, DACE, Leidschendam, The Netherlands.
9. Hobbs, B. and Andersen, B. (2001) Different alliance relationships for project design and execution. International Journal of Project Management, 19: 465-469.
10. Lambert, D.M. and Knemeyer, A.M. (2004) We're in this together. Harvard Business Review, December, pp. 114-122.
11. Latham, Sir M. (1994) Constructing the team. Joint Government/Industry review of procurement and contractual arrangements in the U.K. construction industry. Final Report, H.M.S.O., London.
12. McCall, J.J. (1970) The simple economics of incentive contracting. The American Economic Review, 60: 837-846
13. Miller, R. and Lessard, D.R. (2000) The strategic management of large engineering projects. MIT, Massachusetts, USA.
14. Sappington, D. (1984) Incentive contracting with asymmetric and imperfect precontractual knowledge. Journal of Economic Theory, 34: 52-70.
15. Scherer, F.M. (1964) The theory of contractual incentives for cost reduction. Quarterly Journal of Economics, 78: 257-280.
16. Schuyler, J. (2001) Risk and decision analysis in Projects, 2nd ed. Project Management Institute Inc, Pennsylvania, USA.
17. Shavell, S. (1979) Risk sharing and incentives in the principal agent relationship. Bell Journal of Economics, 10: 55-73.
18. Turner, J.R. (2003) Contracting for Project Management. Gower Publishing Limited, Aldershot, England.
19. van Gunsteren, L.A. and van Loon, P. (2001) Open Design & Construct Management -Managing Complex Building Projects through Synthesis of Stakeholders' Interests. Eburon Publishers, Delft, The Netherlands 2001.
20. Ward, S. and Chapman, C. (1991) On the allocation of risk in construction projects. International journal of Project Management, 9(3): 140-147.