Design, novate and construct - a devil in disguise?

摘要

Construct only and design and construct. They are well worn paths within the construction and legal systems. For those experienced within these industries, there is a substantial body of commercial and legal understanding accompanying each decision to offer to the market and enter into a construct only or a design and construct contract. The usual risks in need of commercial and legal assessment are known and often it is just a matter of "going through the steps" for builders when bidding on these types of contracts. These contracts, published papers, texts and judicial precedent act as a beacon of light on the risks each stakeholder in the project needs to be aware of to protect their interests. And then there is the design, novate and construct delivery model. Is it a much of a muchness or a devil in disguise? What risks lie beneath?