Watpac CEO Suggests New Approach to Major Construction Tenders

Watpac CEO Jean-Pol Bouharmont has suggested the way forward in construction is breaking up multibillion-dollar infrastructure projects into smaller tenders.  The idea of taking on a project’s entire scope, including tunnelling, property management and maintenance work, is said to contribute to huge cost blowouts, which could be avoided if the burden is shared amongst contractors.  Bouharmont says this will also…