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- W576295087 abstract "This paper describes a contractor’s experience with performance contracts, and summarises the benefits and risks involved. Two construction projects completed under these performance specifications are briefly described as case studies. For the contractor, performance maintenance contracts have instigated a paradigm shift from traditional production oriented contracting to asset management. The opportunity to drive the decision making process on treatment investment is both challenging and satisfying. The challenge comes in analysing data, verifying it on the road and then determining the optimum investment strategy, that of course, is constrained by the budget or contractor’s annual income. The paper concludes with examples of how performance contracts encourage development and implementation of improved, efficient and innovative practices and technologies in both construction and maintenance. (a) For the covering entry of this conference, please see ITRD abstract no. E212095." @default.
- W576295087 created "2016-06-24" @default.
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- W576295087 date "2004-10-01" @default.
- W576295087 modified "2023-09-27" @default.
- W576295087 title "Performance-based contracts and their impact on construction and maintenance practices: a contractor's perspective" @default.
- W576295087 hasPublicationYear "2004" @default.
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