Integrated project insurance (IPI) is to be trialled at the £16m revamp of Derby Silk Mill.
The Derby Silk Mill building is widely considered as the place where worldwide factory working originated from and forms part of the Unesco Derwent Valley Mills World Heritage Site.
The heritage project will reveal the whole building for the first time and re-introduce manufacturing to the site.
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Integrated project insurance: a non-confrontational approach
Under the IPI approach all key packages will be appointed from the outset to work out the best way to achieve and develop the project’s cost plan, which is insured by IPI.
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