iContract

Innovating the construction sector

Developing Intelligent Construction Contracts for the Digital Age

An intelligent contract, or iContract, is a self-executing contract containing electronically drafted provisions which has the ability to automate a variety of processes in accordance with the terms of the contract. The construction sector has moved into a period of accelerated technological change with unprecedented progress. Advances in Building Information Modelling (BIM), robotics and the Internet Of Things (IoT) all indicate that the legal arrangements underpinning project delivery as we know it, must evolve into the Digital Age