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British Construction

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Submitted By arimi
Words 2692
Pages 11
15
British Construction Industry

15
British Construction Industry

Executive Summary

The construction industry of UK has dramatically changed in past 15 years. The main catalyst of this change is the element of partnering, which has taken place of traditional adversarial approach. This concept though is yet new in this particular industry but has been suggested as the critical solution to the downturn of the economic conditions as well as the spiraling issues related to the contracts which had dogged UK construction industry in early 1990s. Latham was the first person who claimed that the partnering might be the only remedy to the fragmented, ineffective and the disputes which are saturating the construction industry which can be replaced with proper procurement, effective communication among different stakeholders, teamwork and fairness. These ideas were endorsed by Egan and proposed set of the recommendations and as the result, the outcome would be much improved relations among the three major stakeholders within the supply chain which are the main contractor, client and sub-contractor. Majority of the highly profiled clients have already embraced this new concept like education, local authorities, NHS, water companies in UK. Companies like Severn Trent Water and Yorkshire also used partnering as well as framework agreements, which are inspired by the reports of Latham and Egan. Even though after the 12 years of the report of Latham and Egan, still general opinions about the success of the partnering approach differ by different people and this further require more exploration.

List of Contents
1. Introduction...................................................................................................................4
2. Aims &

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