Integrated Project Delivery
“Integrating people, systems, business structures, and practices to increase value and efficiencies to project stakeholders.”
HSC Builders & Construction Managers holds the distinction in being one of the first construction management firms in the Delaware Valley to venture into an Integrated Project Delivery (IPD) agreement. With IPD, all project stakeholders enter into a single, poly-party contract among the owner, designer, construction manager, and key trade contractors. This contractual bond requires a collaborative effort in design, planning, implementation, and construction. The entire team is involved in every phase, from conceptual development through to commissioning.
IPD was a natural progression for HSC’s delivery offerings. Many of the characteristics found in IPD were already ingrained into our culture. For instance, we are a firm that always desires a partnering relationship while being collaborative and open to input.
IPD brings value to the owner by connecting all stakeholders who share both the risks and rewards. Each party is financially and emotionally invested in the successful performance of not only themselves, but also their partners. When there is a savings for the owner, then the entire team shares in the savings. And to minimize the shared risks, all members willingly express good ideas to encourage top performance.
IPD Utilizes Lean Principles
Lean methodology is especially important in an IPD contractual arrangement. Common goals for all team members include fewer changes, tighter schedule, and lower costs. To meet these goals, lean principles help eliminate the waste that burdens the project with unnecessary time and dollars.