Mourant

IBA Annual Conference Toronto 2025

2 Nov - 7 Nov 2025

Session information

Contracting for projects relying in innovative projects: do’s and don'ts

Wednesday 5 November (0930 - 1045)

Committee(s)

International Construction Projects Committee (Lead)

Description

This panel will identify and discuss how (and how not to) contract for innovative projects. Discussions will reflect draft wording to deal with the fact that the technology may be prototype, unproven or being developed through construction. For example, what constitutes “state of the art” or “good industry practice” in a rapidly developing technological world? What kind of warranties will owners expect the market to be prepared to provide for innovative technology?  And what new procurement models will the construction industry be adopting now and in the coming years? Or is the old adage “there is nothing new under the sun” still applicable today?