Terminal velocity
Language: English Series: RICS Business ; October 2005, 16-20(5)Publication details: 2005Subject(s): Summary: Reports on the novel procurement techniques being used at Heathrow Terminal 5. The British Airports Authority (BAA) are adopting a new approach by using a legally binding contract (known as a T5 Agreement) by which representatives from different suppliers work as an integrated team, with the aim of ensuring that the project takes precedence over the interests of individual contractors. The contract also specifically mentions the project culture. An incentive fund has been established to reward contractors if the project finishes on time and budget. Also includes question and answer interviews with two surveyors working on the project.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L131459 (Browse shelf(Opens below)) | 1 | Available | 131459-1001 | |
| Journal article | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 131459-2001 |
Reports on the novel procurement techniques being used at Heathrow Terminal 5. The British Airports Authority (BAA) are adopting a new approach by using a legally binding contract (known as a T5 Agreement) by which representatives from different suppliers work as an integrated team, with the aim of ensuring that the project takes precedence over the interests of individual contractors. The contract also specifically mentions the project culture. An incentive fund has been established to reward contractors if the project finishes on time and budget. Also includes question and answer interviews with two surveyors working on the project.