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Monday, November 9 - 2009

ALDAR first to implement professional collaboration contract in the region

  • United Arab Emirates: Thursday, June 14 - 2007 at 08:05
  • PRESS RELEASE

ALDAR Properties PJSC, Abu Dhabi's leading and fully integrated developer has announced that it will be the first to utilize the NEC collaboration benchmark contract in the region.

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  • Al Raha Beach development.
    Al Raha Beach development.
The NEC contract is globally recognized as a leading legal framework of project management procedures designed to handle all aspects of the management of construction projects and will be implemented by ALDAR on the Al Raha Beach development.

The ALDAR's Al Raha Beach development is already setting new standards in the procurement and delivery methods being employed in the region. The implementation of the NEC contract again highlights ALDAR's position as a development pioneer and will ensure not only fair practice methods but maximize efficiencies across the project.

"The implementation of the NEC contract throughout the complete supply chain at the Al Raha Beach Development is not only a first but also a massive step forward in the region. We believe that the NEC contract will attract world class vendors required for the efficient and timely delivery of the Al Raha Beach Development. The contract is a mechanism that will ensure quality, time and cost certainty through a collaborative integrated team approach,"


said Michael Cox, Development Director for Al Raha Beach.

The elements of the NEC contract that will make it so integral to the Al Raha Beach development relate to the type of practice and collaboration utilized throughout the project. For example, the integrated organisational structure of the project team promoted by the contract will ensure team work, trust and cooperation.

The delivery of the projects at Al Raha Beach is the responsibility of ALDAR Laing O'Rourke Joint Venture and the procedural perspective that the contract aims to consolidate, stipulates that all inter and intra organisational dealings will be fairer to all parties and non adversarial. Simple elements such as the use of straightforward language will aim to prevent any disputes but will help to resolve them if they occur.

"By adopting this contract, ALDAR have again demonstrated their commitment to pioneering new approaches to the delivery of major construction projects. The higher degree of fairness to all parties that the contract provides is enabling ALDAR Laing O'Rourke to attract the world's best talent for our own management staff, as well as the supply chain we require to work with us," added Managing Director for the JV Christopher Wilkinson.
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Notes and media contacts

About ALDAR Properties

ALDAR Properties PJSC is a premier real estate development, management and investment company with headquarters in Abu Dhabi, UAE. The company was formed as the result of an Initial Public Offering (IPO) of shares. The PJSC was created under Emiri Decree No 808 of 2004. ALDAR Properties PJSC is owned by leading Abu Dhabi institutions, founder shareholders and individual investors

ALDAR Properties PJSC was created to fast track real estate investment opportunities, and to offer an opportunity to participate in the prosperity of this increasingly important industry in the UAE.

The current property portfolio includes major developments and re-developments within the Abu Dhabi Emirate, such as the Central Market in Abu Dhabi, the Al Raha Beach Development, Al Gurm Resort, Al Mamoura - the Mubadala Development Company and Environment Agency Abu Dhabi Headquarter Building in Abu Dhabi, and Al Jimi Mall Expansion in Al Ain.

For further media information contact:
Sufeena Hussain
Account Manager
Buchanan Middle East
A WPP Company
Direct: +971 4 3698555 Ext. 558
Mobile: +971 50 2571214
Fax: +971 4 3698556

For further information :
ALDAR Laing O'Rourke Joint Venture
Jonathan Eveleigh (+971) 4 2949944
Web sites:-

www.alrahabeach.com
www.laingorourke.com

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