What is procurement?

• The process of entering into a contract with a party providing works, goods or services

• The overall process of acquiring works, goods or services from another party.

• The physical act of going out to the market and obtaining a suitable provider for the works, goods or services.

• Buying stuff

What are some key considerations for a contractor's QS when reviewing a tender?

• Location

• Profit

• Delivery

• Format

What is the order of a traditional procurement?

• Construction

• Concept

• Design

• Post Completion

• Procurement

What is the order for a contractor's QS completing a tender submission?

• Obtaining management approval

• Completing the price

• Ensuring the requirements have been met

• Site visit

• Review the documents

Why is construction procurement important?

• It always gives you the best person for the contract

• It continuously effects the market conditions of the industry

• It makes sure the client gets a project as cheaply as possible

• It will set out how a project is going to perform

What does a QS do in procurement?

• Tell the client what to do

• Advise on a suitable procurement route

• Source contractors

• Give formal legal advise

• Pay the contractor

What is tendering?

• The process of entering into a contract with a party providing works, goods or services

• The overall process of acquiring works, goods or services from another party.

• The physical act of going out to the market and obtaining a suitable provider for the works, goods or services.

• Buying stuff

What is the order of a Design & Build procurement?

• Construction

• Procurement

• Design

• Post Completion

• Concept

When would you use a subcontractor?

• Some of the works are not within your companies remit

• Your company doesn't have the resource to complete some of the works

• Your company doesn't like the client

• You're faced with a tight timeline for the procurement so you need a quick price

• You don't fully understand the required works

A client asks you to procure a 5* hotel, they have a large chain of businesses and this would just be the latest of multiple developments that have planned. What is the primary consideration?

• Time

• Cost

• Quality