Progressive Design-Build Model And Co-Development Agreements In Canada: Five Key Considerations

Whether public or private, large infrastructure projects involve complex risk and resource management. Project owners must first identify, describe and mitigate design, construction, financing and operational risks, and then allocate each of these risks to the party that is best able to manage it. These crucial steps ensure not only the quality of a project, but also its delivery in a timely and cost-effective manner. In this context, the use of co-development agreements and the progressive design-build model has recently emerged in Canada, allowing for greater collaboration between parties ahead of the execution phase of a project. Through these novel approaches, parties can better define a project's parameters and manage the risks involved.