Integrated Project Delivery ("IPD") is a fundamentally different approach to design and construction that harnesses the talents of the owner, designers, engineers, contractors and selected subcontractors and, from inception, forges them into a single collaborative team. Liabilities are waived between all parties. Profit is put at risk and dependent upon meeting mutually agreed upon performance and delivery metrics. It's a brave new world - aiming to turn a design and construction process that has been historically fraught with opportunities for conflict into a collaborative process where players with sometimes competing interests operate as a single team with shared risks and rewards.
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