Trust in Co-operative Contracting in Construction

The construction industry is now facing unprecedented challenges resulting from the advances in information technology and networking through the web. Procurement paradigm of the construction industry has changed significantly in the last decade. More and more projects are requiring the contracting parties to adopt a co-operative attitude for financing, design, project management and operation integration. This changing face of procurement requires a total new mode of contracting behavior co-operative contracting for maximizing the synergistic effect. This volume identifies the most critical driver for co-operative behavior Trust . Its legal and behavioral implications will be carefully examined. Furthermore, a case study on the Mass Transit Railway Tseung Kwan O extension will help illustrate both theory and practice in perspective. This book provides a comprehensive discussion on trust