Procurement in the construction industry : the impact and cost of alternative market and supply processes

Title:

Publication Information:

New York : Taylor & Francis, 2006

ISBN:

9780415395601

Subject Term:

Construction industry -- Cost control

Construction industry -- Finance

Building materials -- Research

Contractors -- Selection and appointment

Added Author:

Hughes, Will

Available:*

Library	Item Barcode	Call Number	Material Type	Item Category 1	Status
Searching... PSZ JB	30000010104890	TH435 P764 2006	Open Access Book	Book	Searching... Unknown

Do recent moves in the construction industry towards collaborative working and other new procurement procedures really make good business sense? Procurement in the Construction Industry is the result of research into this question and it includes the first rigorous categorizing of the differences between procurement methods currently in use. In the process of carrying out this research, the team has produced a comprehensive study of procurement methods which looks in detail at the relative benefits and costs of different ways of working, with sometimes surprising results. As such, it is not only a valuable guide for practitioners on the complexities of the procurement process, but also an outline of the relevance of economic theory to the construction sector.

Author Notes

Will Hughes is Head of School of Construction Management and Engineering at the University of Reading, UK
Patricia Hillebrandt is an Economic Consultant specializing in the construction industry and a Senior Visiting Research Fellow at the University of Reading, UK
David Greenwood is Associate Dean in the School of the Built Environment at the University of Northumbria, UK
Wisdom Kwawu is a Researcher at the School of Construction Management and Engineering, University of Reading, UK

Acknowledgements	p. vii
Executive summary	p. ix
1 Introduction	p. 1
2 Review of existing knowledge	p. 5
2.1 Calls for change	p. 5
2.2 Characteristics of procurement options	p. 7
2.3 Approaches to supply chain mapping	p. 12
2.4 Theoretical work on the costs of transactions and costs of tendering	p. 15
2.5 Empirical work on factors affecting the costs of procurement	p. 22
2.6 Estimates of costs of tendering and other components of procurement	p. 23
3 Research	p. 27
3.1 Objectives	p. 27
3.2 Method	p. 27
3.3 Discussion interviews	p. 28
3.4 Time sheet audits	p. 44
3.5 Structured interviews	p. 47
3.6 Summary of structured interviews	p. 60
3.7 Staffing levels survey	p. 61
3.8 Bid cost survey	p. 69
3.9 Supply chain maps	p. 71
3.10 Construction market data	p. 80
4 Fresh perspectives on construction procurement	p. 81
4.1 Costs to participants	p. 81
4.2 Commercial processes in the context of procurement methods	p. 85
4.3 Competition, collaboration and power	p. 87
5 Conclusions and recommendations for further work	p. 91
5.1 Quantifying the costs of tendering	p. 91
5.2 Indirect costs of collaborative vs competitive working	p. 94
5.3 Main findings	p. 95
5.4 Recommendations	p. 98
6 References	p. 103
7 Indexes	p. 111
7.1 Name index	p. 111
7.2 Subject index	p. 113
Appendix A Glossary of terms	p. 119
Appendix B Annotated bibliography	p. 123

Available:*

On Order

Summary

Summary

Author Notes

Table of Contents