Design & Construction Procurement Best Practices
How one Cost Plus arrangement can be converted from variable rates into a Guarantee Maximum Price. Continue reading Five Simple Steps for Converting Cost Plus Rates into a Guaranteed Maximum Price.
Pemex migrated from an environment where 80% (62 Billion pesos) of it’s spend was awarded under no-bid contracts to one where only 30% of spend was not bid. Continue reading Procurement – A Lesson in How To Make Your Company Profitable.
Whenever you solicit pricing for construction services, you should always address these distinct cost categories. Continue reading Construction Pricing – The Three Critical Cost Categories in Every Construction Quote
Cooperative Procurement is how agencies with limited volume seeking ways of enhancing their buying power. Continue reading Cooperative Procurement – How Small Organizations Use the Power of Leverage.
Working overtime is often the go-to solution for recovering lost time in construction, but working more hours is rarely the answer. Continue reading Overtime Kills – Five Alternatives for Recovering a Late Construction Schedule
Ensuring that your procurement policy aligns with more than just the bottom line will not only enhance the value of procurement, it elevates the value of the organization. Continue reading Progressive Procurement – Why Your Procurement Policy Needs More Than Just a Savings Target.
Prior to committing to a contract it’s necessary to requisition funds, waiting until after a contract has been signed to know the full cost can be problematic. Continue reading Control Estimates – Six Critical Steps for Reducing Risk in a Cost Plus Contract