Procurement And Contract

procurance and Contract

Procurement and Contract
There ar various procural dodgings developed to facilitate the completion of construction switchs within the constraints of meter and cost to the desired quality. Procurement is about the acquisition of externalise resources for the realization of constructed facilities. This paper critically analyses the procurance systems in Hong Kong including their advantages and disadvantages.
Procurement Systems and Contractual methods
Although the traditional competitive tendering is being used in the construction industry of Hong Kong, other types of procurement systems that are aimed at incorporating technical know-how and vigilance skills of contractors have been increasingly adopted by the industry. Non traditional contract procurement systems such as management contracting, project management, construction management and design and build are aimed at these objectives and at the reduction of cost of construction and m of delivery. However, it is also necessary to discuss the traditional design/ call down/build procurement system along with these new approaches since it is lull the most popular in Hong Kong.




Traditional Design/ squall/Build
The traditional design/bid/build procurement system has long been used to deliver projects in order to satiate the targets of time, cost and quality. It contemplates that design services will be performed by a design professional directly retained by the client and that construction will be performed a global contractor who is directly retained by the client. This method contemplates that the design, procurement and construction of the project will proceed sequentially with the cede of the contract delivered to the lowest possible bidder based on the specifications and finish plans ().
This follows the procedure where the client produces a brief and sets the budget for the project which establishes the scale of a building. An...If you want to get a extensive essay, order it on our website: Orderessay



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