Alliancing On The Fast Track: Government To Fund Infrastructure Projects To Boost Economy

July 27, 2009 - PRLog -- Alliancing on the fast track: Government to fund infrastructure projects to boost economy
Melbourne, Australia - 27 July 2009

The prevalence of the Alliance contracting model is expected to help states meet the federal government’s goal of using infrastructure to boost the Australian economy.

The coordinated national approach to better consistency within the construction industry, stems from a set of principles being developed by the Treasury, where '...the government agrees to share the burden of cost blow-outs and delays with contactors on publicly funded infrastructure works’.

The AFR reports today that alliance contracting models are favourable solutions to fast track complex projects to ‘pump funds into the economy and support employment’, a move that leading Building companies favour.

Treasury officials Nick Tamburro (VIC), Richard Mann (WA), and Michael Toohey (NSW), will share insights and perspectives on alliance contracting at IQPC Australia’s Alliance Contracting Summit 2009. Nick will lead a panel at the conference in November assessing the treasury perspectives on contract arrangements.

Alliance Contracting Summit 2009 is the most comprehensive Alliancing event of its kind, and features over 200 industry professionals and policy makers.

For more information, visit www.alliancecontractingsummit.com.au or call +61 2 9229 1000.

For further information contact:
Chris Archer / Jackie Bran
IQPC Australia
Ph: (02) 9229 1045
Email: chris.archer@iqpc.com.au
OR visit www.alliancecontractingsummit.com.au

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IQPC provides business executives with tailored practical conferences, large scale events, topical seminars and in-house training programs, keeping them up-to-date with industry trends, technological developments and the regulatory landscape.