Relationship contracting
Vibropile is committed to developing lasting, mutually beneficial relationships with its key clients in order to achieve the following successful project outcomes:
- completion within cost;
- completion on time;
- strong people relationships between the parties resulting from mutual trust and cooperation, open and honest communication and free sharing of information;
- achieving optimum standards, during execution and in service for safety, quality, industrial relations, environment, and community relations.
The benefits offered by relationship contracting to clients and contractors include:
- Time
- greater certainty of project time
- reduced project delivery time
- Cost
- optimum project life cycle cost
- reduced capital expenditure costs
- acceptable financial results for both clients and contractors commensurate with their inputs and the risks undertaken by each party.
- improved operating performance
- Risks
- better management of inherent risks
- clearly defined risk allocation/sharing at outset
- Relationships
- enhanced business relationships
- establishment and achievement of common/aligned goals
- improved behaviour of the parties to the contract
- a greater personal satisfaction for all project parties
- avenue for repeat business with resulting benefits to clients and contractors
- Flexibility
- increased flexibility to match changing project requirements
- "cost of change" curve will be significantly flatter
- Technology/Innovation
- greater incentive and encouragement to innovate in design, technology, systems, processes and techniques
- greater incentive and encouragement to apply the latest technology
- Optimum Standards
- optimum standards of quality, safety, industrial relations, community relations and environmental performance during the project execution and in operation
- increased industry research and development as a result of improved financial certainty
- world best standards of project delivery.