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While true, once you reach a certain point, that's all water under the bridge, and the only question that remains is how motivating it is to pursue that last 5%
by adrianmonk 7y ago
While true, once you reach a certain point, that's all water under the bridge, and the only question that remains is how motivating it is to pursue that last 5%.
- yardie 7y agoI’m not sure about civil projects. I’m mildly familiar with commercial construction projects. Those have milestones and due dates built in. And if those are missed the GC doesn’t get paid until they are met. If dates are missed they can incur penalties. This is done to ensure the GC doesn’t pull resources off to another project.
- adrianmonk 7y agoI guess it would all depend on the rules or how the contract is written. Certainly taking care to have the right incentives in place is a good idea, though I'm not sure it's always practiced.