Smart Contracting: Transforming Alberta's Capital Projects for Clarity and Savings

In this episode of "Building Beyond Borders," we explore how smart contracting can revolutionize Alberta's capital projects, enhancing efficiency while minimizing risks. With Alberta's economy deeply tied to effective public and private sector contracts, we delve into the principles of rigorous contracting, from negotiation to lifecycle management. Learn how precise definitions, tailored compensation models, and strategic risk distribution can shave millions off project costs while ensuring clarity for all stakeholders. Join us as we dissect the economic intent behind contracts and their impact on Alberta’s future.