Procurement Contract Administration

This book gives you a brief introduction to public procurement and contract administration. It covers the public procurement cycle; procurement planning; requesting, receiving and evaluating bids and proposals; contract negotiations and award; and contract administration (from commencement to close-out). A glossary of terms used in the text is also included, with suggestions for further reading..

This key text for the building team is an authoritative guide and gives a detailed account of the team's roles and responsibilities, with best industry practice required to ensure that building projects meet clients' expectations on time, cost and quality. The second edition of The Aqua Group Guide to Procurement, Tendering and Contract Administration has been edited, enlarged and updated by a high-profile author team with unparalleled experience of both private and public sectors, as well as of teaching on QS courses. It covers the entire building process from inception to final account and throughout, the emphasis is on current best practice. This edition has new material on the CDM regulations; JCT contracts; the RIBA Plan of Work; the RICS New Rules of Measurement; BIM; and Sustainability - as well as a general update for industry changes, especially on procurement; internationalisation; and PFI. With clear and thorough explanations, you are taken through self-contained chapters covering the detail of the briefing stage, procurement methods, tendering procedures, and contract administration. The period from starting a college course to successful completion of professional examinations represents a long and steep learning curve. The range of skills and the knowledge required to perform work efficiently and effectively might, at first, seem rather daunting. Although designed as an introductory textbook for undergraduates in construction, architecture and quantity surveying, The Aqua Group Guide offers an excellent overview of contract administration and will provide you with sufficient understanding to hold you in good stead for your early years in professional practice.

Essay from the year 2011 in the subject Business economics - Business Management, Corporate Governance, , course: Procurement Management, language: English, abstract: Procurement plays an important role in a guaranteed and timely production of goods and services and is of utmost importance in successful completion of time-bound projects. This document discusses the fundamental processes involved in the procurement and outlines the prerequisites for successful implementation of the inputs, tools and techniques and outputs of the processes.

Successfully managing your JCT contracts is a must, and this handy reference is the swiftest way to doing just that. Making reference to best practice throughout, the JCT Standard Building Contract SBC/Q and DB used as examples to take you through all the essential contract administration tasks, including: Procurement paths Payment Final accounts Progress, completion and delay Subcontracting Defects and quality control In addition to the day to day tasks, this also gives you an overview of what to expect from common sorts of dispute resolution under the JCT, as well as a look at how to administer contracts for BIM-compliant projects. This is an essential starting point for all students of construction contract administration, as well as practitioners needing a handy reference to working with the JCT.

"The management and administration of public sector contracts poses unique challenges. Billions of tax dollars are spent each year purchasing construction, supplies, and services in support of public facilities and services. The unique features of public sector contracts and the special obligations that accompany the expenditure of public funds complicate contract management. The focus of contract administration is the achievement of stated goals and objectives through contract performance. The field embraces a longstanding recognition of three broad goals: a quality product, on time, and within budget. To achieve such goals, thoughtful contract administration must take a two-pronged approach: process and product focus. However, the extent of emphasis on process will vary, depending on the specifics of the contractual arrangement"--From the Introduction.

Contract management is a key management skill, yet it is underplayed in most organizations, which usually default to project management skills as a proxy for contract management skills. Whilst project management skills are equally essential, they are not the same thing. Contract Management looks at the wider contract management picture from an industrial-commercial perspective, and helps set-out typical structures and processes that assist the contract management task. The author uses diagramatic representations to depict complex ideas. Contract Management includes "learning points" in each chapter, looking at handling problems, procedural changes and enhancing commercial performance.