Punitive delay claims are unenforceable and are likely to be overridden by the courts. Continue reading Penalties and Bonuses – How To Avoid Project Delays and Incentivize Timely Completion.
Even unregulated privately held businesses need to be aware of certain soft practices that may be signs of collusion between their employees and Vendors. Continue reading Procurement Corruption – Six Practices Your Company Should Avoid to Prevent Collusion and Corruption.
OSM construction methods can reduce the cost of construction by 20% and accelerate construction 40 percent ahead of traditional methods. Continue reading The Future of Construction – How Off-Site Fabrication and Modular Construction Techniques Offer Speed, Savings, and Safety.
One of the biggest mistakes I see people make when they solicit the COW is making up their own list of line items. Continue reading Third Party Work Breakdown Structures – Why You Need One Every Time You Solicit Construction Quotes.
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. Continue reading Pre-qualified Suppliers – Eight Critical Actions for Managing Your Supplier Pool.
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.
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.