Analysis of Procurement Routes for Construction Projects
VerifiedAdded on 2023/01/23
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Report
AI Summary
This report provides an analysis of contract and procurement methods within the context of a construction project, specifically focusing on the expansion of Central Queensland University. The study explores various procurement routes, including traditional, design-build, public-private partnership, and management contracting, ultimately advocating for the management contracting method due to its cost-effectiveness and ability to ensure quality. The report emphasizes the significance of cost, time, and quality as critical factors in construction contracts. It recommends the use of a lump sum contract for its advantages in managing costs and facilitating timely payments. The research methodology involves the use of secondary data and online resources, such as electronic books and journals, to analyze the procedures and methods of procurement in construction contracts. The author reflects on their experience and challenges during the project, highlighting the importance of adherence to schedules and resource allocation.
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