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What are procurement procedures in a construction company?

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Question added by Deleted user
Date Posted: 2014/09/10
Mamdouh Manie
by Mamdouh Manie , Executive HRC local sales manager , Ezzsteel

You have to update  build and asses  and communicate  frequently your multi discipline subcontractors in such a way to have their bids as fast as possible.

 

You have to build your own metrics per m2 / ton etc w ith breakdown in order to evaluate the price fluctuation and to easily budget your cost easily

 

Dealing with claims

Dealing with contractors  Finacing and payment with the best cash flow and least risk.

 

if you have frequent works from the same nature , making annual prequalification and tenders will help you

 

Nadeem Asghar
by Nadeem Asghar , Supply Chain Consultant/Trainer , Independent Practitioner

I would definitely agree with Amer Jayyousi and add that there are no distinct procedures for procurement in construction industry. Procurement is to be made in a transparent , efficient and economical manner bringing Value For Money. 

amer jayyousi
by amer jayyousi , Business Development Consultant , freelance

It is the process through which needed resources are allocated professionaly ,effectively and effeciently.