Integrated Project Delivery (IPD) is a project delivery method that integrates people, systems, and business structures into a single collaborative process. The owner, general contractor, and architects all sign a single multi-party contract, sharing the financial risks and rewards. This setup incentivizes the team to eliminate waste and resolve design clashes early, rather than fighting over change orders later.
The hospital expansion is being run as an IPD, so the mechanical subs are already in the design meetings.
IPD requires a high level of trust and transparency, as profit pools are tied to the overall success of the project rather than individual trade performance.
Also heard as
- Integrated Project Delivery
Related terms
General contractor
The primary entity responsible for overseeing a construction project and managing subcontractors.
Submittal
A package of technical documents or physical samples submitted to the architect or engineer for approval before fabrication.
Punch list
A master document tracking minor defects and incomplete tasks that a contractor must fix before final payment.