Analysis of Procurement Routes for Construction Projects

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Added on  2023/01/23

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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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Contract and procurement
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Introduction
Procurement involves bidding and
tendering.
The case study is about the project
pertaining to the extension of Central
Queensland University.
There are various routes to procurement.
The standards, are time cost and quality
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Analysis
The main reason for the
project in terms of
expansion is to
accommodate more
students.
Appointment of a firm
to provide consultancy
services.
Infrastructural and
technological
advancement.
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Procurement routes
There are various
methods of
procurement.
Traditional method.
Design and built
method.
Public-Private
Partnership method.
Management
Contracting method.
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Best route (Methodology)
Management contracting
method.
Cost-
effectiven
ess.
Total Quality
Management
Avoidance of delays
Total Quality Management.
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Advantages
Better in comparison to other forms of
procurement
Little or no involvement of bureaucracy
Contractor not being solely responsible.
No requirement of collaboration between
public and private sector.
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Disadvantages
Firm charging a huge amount possibly.
Disagreements amongst the contractors
involved.
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Cost, time and quality
Costs have to result in the generation of
profits and revenues.
Solutions to be provided in a timely
manner.
Qualitative results due to consultation for
the project.
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Best kind of contract
Lump sum amount of money to the
contractor.
Contractor can pay the wages of the
workers in a timely manner.
No issues relating to the costs involved in
the project.
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Own Contribution
Undertook research on construction
contracts.
Took account of the factors pertaining to
cost, quality and time in accordance with
construction contracts.
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Research Methodology
Secondary data.
Accessed online sources such as electronic
books and journals.
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Research Methodology
The sources imply the procedures involved
in construction contracts.
They also signify the aspects pertaining to
the methods of procurement
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