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- W4254265890 abstract "Procurement, being a series of risks, has different methods that transfer varying levels of risk onto the client or contractor. Construction management and management contracting are fee-based/agency methods of construction procurement, with many derivatives, such as construction management at risk with a guaranteed maximum price. In the two-stage tender process, the contractor becomes involved in the planning of the project at an earlier stage. Framework agreements, partnering and alliance contracting are all approaches to procurement. Factors taken into account when selecting a prime contractor include project management capability, financial standing, technical competence and supply chain arrangements. The over-riding principle involves integrating design and construction through a single legal entity, the integrated design and construction contractor (IDCsr), as in any other product manufacturing sector. Engineer procure construct (EPC) projects are a type of design and build (D&B) project, where the contractor is involved in the design and construction of the facility." @default.
- W4254265890 created "2022-05-12" @default.
- W4254265890 date "2018-04-09" @default.
- W4254265890 modified "2023-10-14" @default.
- W4254265890 title "Procurement, selection, contractual arrangements and legal issues" @default.
- W4254265890 doi "https://doi.org/10.1002/9781119329671.ch7" @default.
- W4254265890 hasPublicationYear "2018" @default.
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