Procurement

Procuring the work packages can make or break a construction project. Done correctly, it will help reduce the risks associated with work package procurement, give you more control and ultimately improve your business performance.

Like all successful projects, planning and the time and effort invested up front is paramount to the subsequent delivery and commercial success of the project. There are a few key steps to follow that will improve performance.

Obviously tendering/procurement of work packages / subcontracts / trade contracts can take place at different times in a project and will vary depending on the complexity of the project and the form of contract chosen by the client.

We have elected to use the term ‘work package contractor’, but this can equally be read as ‘sub-contractor’ or ‘trade contractor’.

Remember..

• Make it obvious and clear what you are asking people to price
• Make sure it is relevant (don’t ask a painter to price plumbing work)
• Regular touch-points of clear meaningful communication are important
• Transfer risk but don’t hide it – no gain in long run
• Cheapest 1st cost is not necessarily best value in the end (and rarely is)

There are 2 key ingredients for successful procurement

• System/process to follow
• Knowledge/experience

VOLOCO can help your business take control of procurement to significantly reduce risk, increase margin and improve your cashflow. We have the system/process, knowledge and experience to do this. Follow the links below to find out more about what we can do to support you.

• Work package identification & procurement strategy
• Procurement schedule
• Work package scoping
• Preparing work package enquiries
• Mid-tender review meetings
• Comparison & analysis of work package pricing
• Work package pre-order meeting
• Work package orders