Considering the global pandemic, supply chain disruptions, historic inflation, and overall costs increases in material pricing from steel to the hiring and retaining a skilled workforce, it appears the Vessel Construction Manager (VCM) contracting model implemented commercial best practices that helped to reduce risk for the construction and delivery of the first, and follow-on, National Security Multi-Mission Vessels (NSMV).
Discussing the success of the VCM contracting model for ship construction amid various challenges.
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