Guidance Note: This section provides some suggestions for the alliance principles and behavioural commitments to include in the Alliance Charter (see square brackets below). The Project Owner will need to tailor these principles and commitments on a case-by-case basis to reflect the requirements of the Project Owner's VFM Statement. |
Under the proposed alliance approach, the Participants will take collective responsibility for all risks associated with the delivery of the Project, with sharing of the risks and the rewards through a legal and commercial framework where the commercial interests of all Participants are intended to be aligned.
The Project Owner's expectation is that the collective responsibilities of the Participants, the sharing of all Project risks, the transparency and the behavioural commitments gained through this arrangement will facilitate the achievement of the Project Objectives set out in the Project Owner's VFM Statement.
The alliance culture and behavioural commitments of the Participants will be set out in the Alliance Charter and include:
∙ [Good faith]
∙ [Best for Project decision-making]
∙ [Transparency, expressed as open book documentation and reporting]; and
∙ [No fault-no blame culture]