2272 CIB World Building Congress 2007 CIB2007-253 Incentives in Construction Contracts: Should we pay for Performance? Will Hughes, Iyassu Yohannes and Jan-Bertram Hillig ABSTRACT Incentives and disincentives are common contractual ...
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...Cib world building congress incentives in construction contracts should we pay for performance will hughes iyassu yohannes and jan bertram hillig abstract disincentives are common contractual tools to influence the behaviour of contracting parties type incentivization differs according objectives involved a contract may involve general example enhancement client contractor relationship establishment long term relationships or use certain business models other more tangible concern issues cost time completion on schedule regard latter types incentive range different be used e g monetary such as fixed price plus fees award share savings non automatic extension frequent payments letters appreciation etc there is little information available about how they whether effective questions answered this connection scalability choice appropriate kind frequency their percolation through supply chains methods management keywords procurement introduction perennial question get people improve connect...