Value adding collaboration means in construction contracts : Based on document study investigating ongoing and finished case projects

2021

Master's thesis in Industrial economics and technology management (IND590) Public projects are becoming complex as the development of public infrastructures call for highly specialized competence and technological solutions. Public interest as well as stakeholders’ values are increasingly becoming more important as public project focuses shifts from maximizing profits to optimizing utilization of resources, also termed as value creation. Project owners as well as suppliers are preferring for contract forms that secure them against negative uncertainties and risks. Relational contracting is often regarded as means to integrate project owner and contractors’ interest. However due to the exist…