Managing Risks - Department of Public Works and Services

Summary of Contracting Models
No universally accepted industry definitions
for D-B-B, D-B, Design-Construct, EPC,
EPCM, Turnkey, P3, etc. in terms of specific
scope of work or risk allocation
Use and Abuse of Standard Forms
“Adapting” standard form contracts to applications
other than those for which they were intended
Key Points:
It is contractual risk allocation, not title of contract,
that is determinative and must be reviewed with
care
In practice, terms often used loosely so it is always
prudent to clarify terminology before
misunderstandings arise
48