Description
Book Synopsis: This book is an easy-to-read introduction to the principles and methods of building procurement and is aimed at first year students or non-cognate graduates starting out on a career in construction, property, quantity surveying and construction management. The book starts with a brief introduction to the construction industry, including how the industry is organised into contractors, consultants and clients. After a discussion of the historical development of procurement methods, which show a steady shift of risk and responsibility towards the supply side (contractors), the various roles and responsibilities which must be carried out in any project are discussed in detail. The aim is to show the reader that procurement routes are effectively a permutation of these responsibilities between the various parties.
The book then explains the various methods by which the contractor(s) are paid, either by pre-negotiated lump sums or by some form of cost reimbursement. Variants of these two systems are also discussed. Several chapters are given to the detailed discussion of the main procurement routes together with the appropriate standard forms of contract designed for that route. More modern developments such as Private Financing and PPP are discussed and a chapter covering emerging trends in procurement completes the book. Containing discussion points, chapter summaries and case studies, this book is ideal for use in a variety of degree programs and courses across the built environment and engineering.
Details
Are you a first-year student or recent graduate looking to jumpstart your career in construction or property development? Look no further! Our Construction Procurement: Complex Property Development Book is the perfect resource to help you navigate the principles and methods of building procurement.
Designed to be an easy-to-read introduction, this book provides a comprehensive overview of the construction industry, including how it is organized into contractors, consultants, and clients. You'll gain valuable insights into the historical development of procurement methods, which have shifted towards placing more risk and responsibility on contractors.
What sets this book apart is its in-depth discussion of the various roles and responsibilities that must be carried out in any construction project. By understanding these responsibilities, you'll be able to effectively analyze different procurement routes and their associated risks. Whether it's pre-negotiated lump sum payments or cost reimbursement, our book covers all the various payment methods in detail.
In addition to the traditional procurement routes, we also delve into more modern developments like Private Financing and Public-Private Partnerships (PPP). Stay ahead of the curve and explore emerging trends in procurement that are reshaping the industry landscape.
When using our book, you won't just be reading static content. We've included discussion points, chapter summaries, and case studies to actively engage you in the learning process. Perfect for a range of degree programs and courses in the built environment and engineering, this book will be your indispensable guide to mastering construction procurement.
Get your copy now and start building a solid foundation for a successful career in construction and property development.
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