It Pays to be Insured

Are you covered for when things go wrong during a project? Do you know what the best models might be for you and your projects?

20th June 2016

Are you covered for when things go wrong during a project? Do you know what the best models might be for you and your projects?

This week Kevin Thomas, one of the creators of the Integrated Project Insurance (IPI) Model, spoke at one of our breakfast events in Cardiff and explained about the differences that led to IPI being one of three new models of procurement endorsed in the UK Government construction strategy. 

Kevin, who is a founding director of IPInitiatives Ltd, the delivery organisation for the IPI Model, told his audience about how the model is being applied to Dudley College's Advance II project, including the challenges and successes to date.  Advance II is a new teaching facility for advanced building technologies at further education level including apprenticeships.

Don Ward, Chief Executive of Constructing Excellence also provided an update on progress with other work by Constructing Excellence to develop and promote collaborative working, in particular the Cabinet Office programme to promote the three new models of procurement which facilitate early involvement: IPI, Two-stage open book, and Cost-led procurement.