The construction industry is now facing unprecedented challenges resulting from the advances in information technology and networking through the web. Procurement paradigm of the construction industry has changed significantly in the last decade. More and more projects are requiring the contracting parties to adopt a co-operative attitude for financing, design, project management and operation integration. This changing face of procurement requires a total new mode of contracting behavior - co-operative contracting for ...
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The construction industry is now facing unprecedented challenges resulting from the advances in information technology and networking through the web. Procurement paradigm of the construction industry has changed significantly in the last decade. More and more projects are requiring the contracting parties to adopt a co-operative attitude for financing, design, project management and operation integration. This changing face of procurement requires a total new mode of contracting behavior - co-operative contracting for maximizing the synergistic effect. This volume identifies the most critical driver for co-operative behavior - 'Trust'. Its legal and behavioral implications will be carefully examined. This book provides a comprehensive discussion on trust in co-operative contracting. Directed from both management and legal perspectives with findings supported by empirical researches, it is hoped that professionals, researchers and students will find the book interesting.
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