IPD Contract Management
AI-powered management of Integrated Project Delivery contracts and team coordination.
Definition
IPD Contract Management AI facilitates Integrated Project Delivery by managing multi-party agreements, tracking shared risk/reward metrics, and coordinating the integrated team. It monitors target value design progress, tracks incentive pools, and ensures all parties stay aligned with project goals.
In Depth
Integrated Project Delivery (IPD) contracts share risk and reward among the owner, architect, and contractor. AI assists with the unique aspects of IPD — tracking shared savings against target cost, managing the collaborative decision-making process, and documenting the shared risk decisions that affect profit distribution.
Examples
Tracking IPD incentive pool metrics
Managing multi-party approvals
Monitoring target value design progress
Nomic Use Cases
See how Nomic applies this in production AEC workflows:
Frequently Asked Questions
IPD Contract Management AI facilitates Integrated Project Delivery by managing multi-party agreements, tracking shared risk/reward metrics, and coordinating the integrated team. It monitors target value design progress, tracks incentive pools, and ensures all parties stay aligned with project goals.
Tracking IPD incentive pool metrics. Managing multi-party approvals. Monitoring target value design progress.
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