Answered You can hire a professional tutor to get the answer.

QUESTION

Compose a 3000 words essay on Construction Procurement Strategies. Needs to be plagiarism free!In fact, for some states and unions, commissions design, develop and implement procurement strategies, ru

Compose a 3000 words essay on Construction Procurement Strategies. Needs to be plagiarism free!

In fact, for some states and unions, commissions design, develop and implement procurement strategies, rules, and regulations, which member states have to comply with (Halchin, 2013). One such union is the European Union, which has various rules, regulations, practices, forms, databases for members to use in their procurement activities. Nevertheless, all nations and regional blocks must align their public procurement rules, regulations, principles, and practices with the UN guide on procurement principles (Halchin, 2013).

In its general sense, procurement features prominently after the requisition of items has been approved and funded, by the procurement team of an organization. At this stage, the input of a competent, skilled and ethical procurement officer is core, especially with reference to the determination and implementation of the most appropriate procurement strategies (Shaw, 2010). One importance of settling on the most appropriate procurement strategy is that it would ensure that the best goods, services, works or solutions that would meet the set standards and requirements are obtained (Shaw, 2010). Second, the use of the most appropriate procurement strategy helps ensure that all pricing-related advantages and those of contractual conditions are exploited. Hence, a competitive process of procuring items that would not only deliver the required items but also do so within the set time and budget constraints should be applied.

The contents of a good procurement strategy include a good choice of procurement method, a good selection of the type of arrangement or contract and the competitive approach to be adopted in acquiring the needed goods, services or works (European Commission, 2013).&nbsp.

Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question