Event details
Event fees
£5.00
£25.00
£5.00
Summary
Insurance Backed Alliancing under the IPI ModelIPInitiatives own the IPI Model and Alliance Contract, using Insurance Backed Alliancing (IBA). It is named in the Government Construction Strategy as a new model of construction. IBA is a positive disruptor in the industry for procurement, and delivery. The aims of the model are being exhibited daily with real changes in behaviour and a true no blame collaboration liberated by getting rid of contractual and insurance barriers. In terms of the effect on how businesses work in the digital age, it removes the contractual and insurance barriers and negates the need for PII. IPInitiatives has witnessed the freedom and innovation this permits in design and delivery over four trial projects where federated models and shared platforms, digital twin etc are used and shared from day one.
IPInitiatives believe only through mutual benefit and accountability can better outcomes be achieved in a more enjoyable and fulfilling way for all stakeholders including the whole supply chain.
The talk will introduce the IPI Procurement Model and Alliance Contract, explain how it works, and promotes true collaboration for the benefit of all. With insights as to how it was applied in the successful delivery of a range of projects.
Contact
Diane Moore
Member Services and Events Coordinator - Newcastle
+44 (0)1344 630867