More than a buzzword [electronic resource] open book accounting and successful partnerships

Curran, Nick

More than a buzzword open book accounting and successful partnerships [electronic resource] - 2010 - Construction Journal Feb-Mar 2010, 24-26(3) .

Open Book Accounting (OBA) has not been adequately defined but this doesn't stop it from being used as a buzzword by many in the industry. Its adoption and implementation is the most fundamental aspect in the success or failure of cost reimbursable, target price or any other contracts that rely on the contractor's actual costs to calculate how much it should be paid.


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