Description:
- The GTS is a funding program by the Building and Construction Authority (BCA) to encourage strategic alliances among developers, consultants, builders, and subcontractors in the Built Environment (BE) sector.
- It aims to foster long-term collaboration across the value chain to enhance industry resilience, technical capabilities, and business transformation.
- The scheme supports multi-year (minimum three years) work plans involving two or more large-scale projects focusing on business growth, human capital development, productivity, digitalization, and sustainability.
Objectives:
- Promote strategic collaboration and business growth through collaborative contracting and project management.
- Strengthen human capital by supporting workforce transformation initiatives to increase productivity and talent development.
- Improve productivity by implementing more productive construction methods targeting over 30% (non-residential) and 35% (residential) site productivity gains.
- Drive digital transformation across the entire project lifecycle with initiatives like Common Data Environment and BIM integration.
- Enhance sustainability by achieving Green Mark 2021 Platinum standards and manpower savings through process redesign and technology deployment.
Target Beneficiaries:
- Registered business entities in Singapore involved in construction projects.
- Developers leading alliances with consultants, main contractors, subcontractors, and SME stakeholders.
- Companies with a pipeline of projects over 3-5 years and experience in DfMA, IDD, or Green Buildings.
Application Process:
- Applications open from 1 April 2022 to 31 March 2025.
- Applications must be submitted by a Developer with a detailed multi-year work plan.
- Interested parties can submit enquiries or express interest via an online form.
- Applications are evaluated on merit; supporting documents and human capital diagnostic results are required.
- No contract signing or payment to suppliers should occur before application approval.
Key Features:
- Grant supports up to 70% of qualifying costs on a reimbursement basis.
- Qualifying costs include equipment, software, training, consultancies, technology acquisition, and intellectual property rights.
- Encourages alliance approach for holistic transformation beyond project-specific support.
- Focus on sustained capability development and collaboration across multiple projects.
- Emphasizes comprehensive changes in business practices and best-in-class capabilities sustained across projects.
This scheme is designed to transform the BE sector by fostering collaboration, innovation, and sustainable growth through strategic partnerships and capability building.
