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Alliance

Collaborative alliance models

YIT’s renewed strategy emphasises project development in growth centres and focuses increasingly on the involvement of partners. The collaborative alliance model matches very well to highly complex infrastructure construction projects, among others.

In alliance model, the project parties work as part of a jointly created organization. Alliance model allows project parties to achieve their mutual objectives, as both the risks and benefits are shared.  

 

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Case: Tampere light rail project

Tampere light rail project in Finland, is being carried out employing alliance model, whereby the client, engineers and contractors work jointly in the execution. The alliance consortium called Tralli comprises of YIT, VR Track and Pöyry.

The project was started in July 2015 with development phase. In November 2016, YIT, VR Track and Pöyry signed an agreement with the City of Tampere on the implementation phase of the project. The value of the implementation phase for YIT is EUR 110 million.

Read more from the YIT corporation stock exchange release November 2016:

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Read more from the stock exchange release June 2015:

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Case: Naantali CHP

A consortium formed by Turun Seudun Energiantuotanto Oy (TSE), A-Insinöörit, AX-LVI Consulting Ltd and YIT is carrying out a new CHP power plant for TSE with the alliance model. The power plant is located in Naantali, Finland.

In the alliance, the contracting parties form a common organisation that strives for the agreed cost level and targets, with the objective of doing what is “best for the project”. The transparency of the operations – the so-called open book principle – is an integral part of the alliance model. Mutual trust and profound teamwork between the parties are the guiding principles of the model.

The project started in autumn 2014 with development phase, which was followed by the implementation phase which begun in spring 2015. The project will be completed in 2017.

In 2016, Naantali CHP project won the Construction Site of the Year competition. The win was truly significant, falling, as it does, on the first alliance of industrial construction.

 

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