As we continue our recovery from the impacts of the pandemic, inflation rates across the globe are on the rise.
Punitive delay claims are unenforceable and are likely to be overridden by the courts.
Proprietary specification are great anytime you want to have an established standard product and do not wish to deviate from that standard.
This isn’t a shortcut to procurement, you still need a scope of work, you still need a bid period, and you still need analysis.
I was even more excited to learn that the session they had in mind for me was called, “Construction Think Tank: Exploring Construction Procurement”.
Trump’s order requires federal agencies to procure domestically produced goods and minimize the use of waivers (used to waive domestic procurement laws).
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.
Many property Owners and construction professionals have the misconception that the only way to solicit pricing for design and construction services is to request a fixed price lump sum quote. There certainly are occasions when fixed price lump sum quotes are a good choice, but this should not be taken for granted. In order to…
Allowing a vendor to add mark-up on top of the costs of his own resources leads to a double dip by the vendor.
The articles goes on to correlate corruption practices in dozens of European Countries with single source procurement.
The introduction of a procurement team where there was none is one of the most challenging changes to adopt, but incorporating a procurement team can add valuable depth and skill to your team.
In Today’s HGTV world where entire room renovations happen “While you were out” and “Restaurant Impossible” re-brands failing eateries in a weekend, the notion that construction can happen quickly is all too prevalent. These shows don’t reveal the pre-work that goes into performing these miraculous transformations and they don’t account for the incredible amount of man-power that goes…