The future is collaborative: The advantages of alternative procurement
Construction Dive / Published Oct. 10, 2022 / By Granite Construction
Over the past decade, collaborative contracting methods have become more prominent in infrastructure projects. These project delivery practices, also known as “alternative procurement,” are differentiated from traditional low-bid or hard-bid contracting by the early involvement of the contractor in the planning and design phases of the project. This provides a number of benefits to the project by providing a forum to better manage costs and risks, allowing clients to select the best team for a specific project, building trust between stakeholders, leveraging the iterative nature of design development to improve delivery, and addressing sustainability concerns. (READ MORE)