The term integrated project delivery is frequently used in the AEC industry these days. But there’s a big difference between “IPD-like” and true IPD multi-party contract projects.
Penrose-St. Francis Health Systems recently broke ground on one of the few true-IPD projects in Colorado to use a multi-party agreement. The project, by RTA Architects, GE Johnson Construction and Penrose-St. Francis Health Systems, is a $102-million expansion of the St. Francis Medical Center (SFMC) in Colorado Springs. The team is delivering benefits beyond the norm because of the structure of a true IPD agreement.