Integrated project delivery IPD

{
  "id": "MLC-T-INS-001881",
  "term": "Integrated project delivery IPD",
  "field": "Insurance and risk management",
  "definition": "A construction project delivery method that contractually unites the owner, architect, and contractor as a team from the early design stages. In integrated project delivery (IPD), all three parties share the risks and rewards of the project's outcome, governed by a multi-party agreement. This collaborative structure contrasts with traditional design-bid-build models, where the owner contracts separately with the designer and builder, creating distinct phases and potential for conflict.",
  "url": "https://mlchart.com/terminology/insurance/integrated-project-delivery-ipd/"
}