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Book Chapter
How Does a Term Alliance Operate?
2019
Overview
This chapter considers the characteristics of a term contract, the features of a term alliance and the ways in which a term alliance contract can deal with some of the most pressing issues that challenge the safety and efficiency of construction procurement. Where a term alliance governs a combination of planned, responsive and cyclical tasks, it is particularly valuable as a procurement model for long‐term asset management. Successful asset management depends on creating interfaces between the capital works team and the operation, repair and maintenance team. Term alliance case studies illustrate how collaborative procurement can improve the repair, maintenance and operation of completed buildings. As the client, provider, supply chain, and stakeholders all build greater confidence and become familiar with each other's expectations and methods of working under a term alliance, it is likely that new information will become available that creates opportunities for improved efficiency.
Publisher
John Wiley & Sons, Ltd
Subject
ISBN
9781119151913, 1119151910
