Lean IPD Contract Value 

This video from Lean IPD explores the development of the contract value in a Lean Integrated Project Delivery Contract, also know as an IPD Contract or an Integrated Form of Agreement (IFOA).
IPD Contract values are composed of the Cost of Work, a Contingency and Profit (in some contracts the Incentive Compensation Layers or ICL).
When the project is complete, the final cost is compared to the Target Cost and the team either loses some of all of their profit or they earn their entire profit and share in the additional savings as enhanced or increased profit.
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