The contract should provide the basis for a constructive and cooperative relationship between the acquiring entity and the contractor. The type of relationship that the acquiring entity considers will best suit the contracting arrangement will influence the style of contract chosen.36
Entities generally see benefit in adopting a common approach to their contracting activities that are similar in nature, so that prospective contractors and entity staff become familiar with the approach(es) used. Common contract approaches and styles are discussed below.
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36 Common contract types include Traditional, Alliance and Partnering.