21st century construction toolkit - olswang llp
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7 Game Changers for the Construction IndustryTRANSCRIPT
21st CenturyConstruction Toolkit
www.olswang.comconstructiveblog.com
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“ The future belongs to those who prepare for it today.” Malcolm X
High speed rail, wind farms, state of the art arenas, gleaming skyscrapers. The built environment is being transformed and regenerated like never before. And the construction industry is modernising, too – more efficient, more collaborative, more long-termist. This 21st Century Construction Toolkit highlights best practice ideas and cutting edge solutions to improve and maximise your procurement processes and strategy.
Experienced participants on large or repeat projects understand the productivity gains from forming trusted and cooperative relationships. Frameworks, partnering and alliancing arrangements can help avoid disputes, foster innovation and streamline negotiations.
Collaborative Working
Francis Ho Head of Construction+44 20 7067 [email protected]
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“ Talent wins games, but teamwork and intelligence wins championships.” Michael Jordan
“ What the world really needs is more love and less paper work.” Pearl Bailey Collateral warranties have traditionally offered security
for third parties. Now legislation provides project participants with the same protection but without the time, cost or paperwork. Used intelligently, third party rights reduce the administrative burdens associated with major commercial projects.
Third Party Rights
Kathryn Noble Associate+44 20 7067 [email protected]
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“ The future will be green, or not at all.”
Sir Jonathon Porritt
Sustainable development can lead to reduced construction and operating costs and greater customer and worker satisfaction. Lawyers help navigate the myriad of evolving standards including BREEAM, LEED, planning and greentech, while simultaneously aligning sustainability with clients’ wider strategic goals.
Sustainability
Kate Wansbrough-Jones Senior Associate+44 20 7067 [email protected]
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Two stages or just one, design-build or traditional, funding through equity or debt. The methods by which services and works are acquired and suppliers chosen play a key role in a project’s success. Good procurement strategy involves an effective appraisal of options but should bring rewards in increased value and risk reduction.
Procurement Strategy“ If you don’t know where you are going, you’ll end up someplace else.” Yogi Berra
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Peter Clyde Associate+44 20 7067 [email protected]
Construction disputes needn’t be inevitable. Good administration and project management can nip problems in the bud. But should the worst come to the worst, lawyers can assist with interpretation, expert determination, dispute resolution boards and negotiation strategies to see that projects stay on track and on budget.
Early Dispute Resolution
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Andrew Aglionby Partner+44 20 7067 [email protected]
“ War is what happens when language fails.” Margaret Atwood
BIM helps build a virtual model of a project. With the right processes in place, it’s a valuable tool for collaboration and efficiency in design, construction and maintenance from concept and completion to the end of a facility’s life.
Building Information Modelling
“ The design of each element should be thought out in order to be easy to make and easy to repair.” Leo Fender
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Sarah Rock Associate+44 20 7067 [email protected]
Our Constructive blog (constructiveblog.com) provides our unique bite-size analysis on the legal landscape shaping construction. We also offer both regular and bespoke training on a wide range of legal and construction issues without the ‘bored-to-tears’.
Know-How
“ A short saying oft contains much wisdom.” Sophocles
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Morwenna FisherBusiness Development Manager+44 20 7067 [email protected]
“If the only tool you have is a hammer, you tend to see every problem as a nail.” Abraham Maslow