Procurement in Construction Services!
Compile Your Construction Project with “Pro Procurement” From vendor selection to contract negotiation and timely delivery, our procurement professional handles all complexities and challenges and manages a smooth workflow. Contact us to optimize your source-to-pay cycle and get better insights for your following projects. Following are the stages that we opt to manage your Procurement in Construction
Planning Phase
We analyze the equipment and materials required for your project.
Acquisition Phase
Our experienced procurement professionals comprehensively examine the bid, assign the contracts to the relevant persons, and ensure that all project needs are met.
Contract Management Phase
We overlook all the contracts, handle any change in the project scope, and control the cost, budget, quality and risks to smooth the workflow for on-time delivery.
Why Procure In Construction is Important?
Did you know that construction projects that achieve the pre-set goals on time have more chances to win new projects? Not only this, but such construction firms also get bonuses for on-time completion. Dividing the project into small milestones and achieving them on time becomes possible when you connect with a well-trained and dedicated construction procurement professional.
At the “Pro Procurement” team, we keep your projects under budget and ahead of schedule. Our team expertise can give you an immeasurable benefit to your next construction operation. We connect your whole crew and vendors for seamless integration among functions on site. Contact us for Procurement in Construction projects.
Benefits of Engineering Procurement and Construction companies
Streamline Communication
Procurement professionals manage the communication between vendors, suppliers and your team to smooth the workflow.
Manages Supply Chain
EPC companies manage the materials and supply chain to smooth the workflow.
Quality Assurance
EPC companies ensure that the quality of materials is perfectly aligned with the project scope.
Regulatory Compliance
Engineering procurement companies ensure that the project is according to the area’s regulatory compliance and standard security code.
Expertise and Technology
Engineering procurement companies have diverse expertise in risk management and bring the latest engineering and construction technologies for your project to ensure quality, safety and cost management.
Cost Control
EPC companies control the cost man, age the budget, and prevent overhead costs.
Let’s Connect for Mutual Success!
Book A Free Consultation Meeting to Discuss Which Procurement is Suitable for Your Construction Project.
Types and Methods of Procurement in Construction
Procurement in construction has various types. It depends upon the client for which they prefer to hire the procurement company. Following are the various methods of procurement in construction.
Design-bid-build involves
In this process, a professional architect designs the project, while construction procurement companies are responsible only for the construction project. This is beneficial for cost management and exact time predictability. The disadvantage is that you can not give any input in the design as a professional engineer.
Design-build
It is a type of procurement in which Construction Procurement professionals are responsible for both the design and the construction project. It controls the overall cost and ensures fast-track projects.
Management Contracting
It is a type of procurement in construction in which the engineering procurement and construction industry works along with the designers and construction team. It is suitable for complex projects.
Turnkey Procurement
It is the process of procurement in which a single developer or the contractor is responsible to deliver a construction project from start to end.His duties are to overlook the design, construct the building and deliver the project with client satisfaction.
Joint Venture Procurement
In this procurement, the procurement manager manages the communication between the different parties. It is very helpful for the success of the project because each party works on the mutual objective, team work, sharing risks and rewards.
Factors Influence the Selection of a Procurement Route
Engineering procurement construction route depends upon various factors. The selected route is responsible for cost control, quality assurance and on-time delivery. The critical factors which influence the decision are given below.
Time pressure is the main factor that impacts the procurement route. Suppose, an engineer procure construct has to work on a rental building of a company to modify some features before the operations work starts in the building. So, the procurement manager will opt for the fast-track procurement method to complete the project for the fastest delivery so that the company can start generating revenue after commencing the operational work in the building as soon as possible.
The client’s budget for the project is directly linked with the engineering procurement and construction contract route. If a client has to build his own house with his savings, then the budget will be his primary concern, and professionals will choose the route that ensures cost visibility and competitive bidding. Design-bid-build is the best method for budget-preferred construction projects. In this method, clients have a clear idea of the cost from the design fee and are given a lump sum budget to procure for cost control.
Engineering procurement and construction companies opt for the design-bid-build method to ensure the client’s required and preferred quality. Because of this, the designs are approved by professional architects with good finishes, and as a procurer, you are responsible for quality management, cost, and supply chain management for the project. This method signifies quality assurance from a well-trained procurement manager.
Each project has tailored specifications for which procure professionals are responsible to meet. For example, government projects are more concerned about regulatory compliance and security standards, so you must focus on these things when dealing with a government construction project.
Risk factors and uncertainty ratios in a project influence the procure manager’s decision to choose a route accordingly. For example, If a construction project is highly uncertain, then the design-build procurement route is the best-matched option. The procurement manager is responsible for the Procurement Analytics, design and construction. So, he uses the latest software, such as BIM modeling for 3D models and makes informed decisions for risk management on the construction site. Our engineering procurement and construction management is available for the customized risk management solutions.
Funding is also directly linked with the procurement route. If a project is funded by the bank, then they will oversee it thoroughly, analyze its progress, and make sure that the funding is spent in the right direction. So, in such scenarios, an experienced procurement manager selects a transparent method, such as the design-bid-build route, in which he is responsible for the construction cost and management only.
Market competition and trends also influence the procurement route for a construction project. For example, suppose there is high competition in the market. In that case, the design-and-build method is appropriate to choose because it assists the procure manager in connecting with the architects and designers early and letting the professional designs ultimately end in an outclass project with extraordinary finishing.
The required materials and equipment availability should be considered when deciding the most appropriate procurement route in construction.
Admeasurement Procure Contract
Are you dealing with the uncertain scopes and complex on site projects which makes you worry about managing the budget ? Avail our Admeasurement procure services and make sure that you pay only for the work which is truly completed. Contact us and discuss your project with varying or unpredictable scopes and leave the rest on us.
Benefits of Procurement in Construction
Procurement in construction helps manage the workflow and stay ahead of the planning ultimately leads to benefits for both the contractors and the procurement manager.
Transparent Communication
A procurement manager manages the communication between vendors, suppliers, contractors and subcontractors which help to work on mutual success.
On-Time Completion
A procurement manager help to achieve the planned goals on time and smooth the workflow efficiency.
Material Supply
Procurement team ensures that the materials supply is on time and according to the time requirement.
Regulatory Compliance and Quality
Procurement process ensures that your project is according to the regulatory compliance of the particular area and meets the standard quality.
Technologies We Use for Procurement in Construction
We use cloud based construction software which is useful to manage different kinds of projects. From simpler residential projects to the complex industrial construction projects, we manage all with the following technologies.
- Cloud computing
- Artificial Intelligence
- Spend analysis tools
- Eprocurement platforms
- Supplier management software
- Strategic sourcing software
- Contract management software
- Supply chain management software
- Procure to pay software
- Procurement performance analytics
- E-sourcing and e-contracting tools
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