Search results for "Relational contract"
showing 3 items of 3 documents
How relational contract theory influence management strategies and project outcomes: a systematic literature review
2021
Despite growing interest in Relational Contracting (RC), few studies have comprehensively investigated the qualities required for a successful RC project. Macneil’s ten norms are principles of behaviour in contracts based on the application of relational contract theory and play an essential role in the formation and agreement of parties and their commitment to means and objectives. In contributing a missing dimension to the RC approach in construction, the purpose of this research is to conduct a systematic review of studies of relational contracting to answer the question: In what ways can the influence of RC theory be observed in the management strategies and outcomes of relational proje…
Various Approaches to Early Contractor Involvement in Relational Contracts
2021
Abstract The main rationale for involving contractors is to apply collaboration to mitigate risk and to harvest opportunities to reduce cost and to increase the project owner’s value. In the paper we argue in the applied analytical model that there are four levels of early contractor involvement (ECI), which are 1) Preparation of the project (before sparking off competition); 2) During the procurement phase (development of what to build); 3) Project delivery model (before construction contract, but after the contractor and designers are selected); 4) Project delivery model (where involvement also continues in the execution phase). In the paper we argue that category 4 have the largest poten…
Osservazioni intorno a Sopravvenienze e rimedi nei contratti di durata
2019
The essay deals with the subject of contractual change of circumstances and related remedies. In particular, the work focuses on the debate on the possibility of configuring a legal renegotiation obligation in the Italian legal system. The critical examination of favorable positions allows us to offer a more precise reading on the margins of application of the renegotiation.