ECI and Project Incentivisation
TAGS: ECI
It is slowly dawning on the industry that negative incentives i.e. damages, don’t really work in terms of stimulating improved performance and good results. This video presentation will consider the three available strategies for Early Contractor Involvement; the setting of the pain / gain formula in option C, positive versus negative incentives and the use of the X options. This will be related back Connect Plus as a case study of incentivisation in action.
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ECI and Project Incentivisation
TAGS: alliancing, Contract Strategy/Flexibility, Early Contractor Involvement, ECI, NEC, NEC4
This presentation was given by Jon at the 2018 Linked In NEC People conference. It firstly looks at the effectiveness of positive versus negative incentivisation; then at the different types of Early Contractor Involvement (ECI) under NEC and, lastly, at the three basic types of Alliance arrangements.
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