Before we spent billions on public construction…

…would it be worth it to reexamine the contracting process?

Barry LePatner thinks so. (Plus he gets bonus points for citing Pioneer in the article.)

He questions why the contracting process insulates the service providers from almost all risk.

Then partially answers his question by noting that the structure of the construction industry is almost unchanged from 100 years ago. I don’t pretend to have expertise in the subject, but its a provocative read. And probably a conversation worth having before we embark on any more mega-projects.