Although the philosophy of alliancing is non-adversarial, the alliance is a commercial transaction and the alliance legal agreements (PAAs) must be appropriate to that commercial transaction.
The complex nature of alliances can result in Owners being exposed to serious asymmetry of information, commercial capability and capacity in their engagement with the NOPs. Owners should ensure that any asymmetry is identified and addressed to enhance VfM outcomes. The exposure of Owners can be increased when there is no price competition as there has not been the 'traditional' competitive tension which can alleviate such asymmetry.