This Paper is based on the findings of a two-year research study into the different methods
of prequalification, the different types of contract document and the different bid evaluation …

Growing difficulties and inefficiencies of publicly funded infrastructure have led to a return of
pre-1900s methods of private financing. Though investors are naturally wary with no …

This paper outlines the concept of the Private Finance Initiative. It covers some of the basic
PFI mechanisms and provides the reader with a general understanding of PFI and the …

The paper reviews the results of recent research work at UMIST, United Kingdom with a
major global energy company that has an ongoing need for engineering based capital …

The turnkey contract has been adopted for major construction works on numerous multi-disciplinary
projects in the UK and around the world. This paper is primarily concerned with the …

Concession contracts provide a mechanism for transferring the traditional public sector client
roles of market research, project appraisal, project financing, operation and maintenance, …

The management of risk is one of the most important issues facing organizations today. This
article focuses on the need for risk management at corporate, strategic business, and …

Privately financed projects are accepted as a viable alternative to traditionally publicly delivered
service. This article describes a mechanism for the development and maintenance of a …

This paper describes how, after trying a variety of contract strategies over a 3-year period, an
alliance contract developed between a client and key electrical and mechanical contractors …

Project Management is not as consistently effective as it ought to be. If we re-examine some
of the examples of failures or poor performance we can see that the causes often originated …