Procurement Flashcards
How does project partnering differ from strategic partnering?
Project Partnering - one project
Strategic Partnering - one or more projects
Advantages:
- share commercial objectives
- share risks
- build working relationships
- collaboration
Disadvantages:
- competitiveness
- innovation
Explain the concept of PFI, Private Finance Initiative?
It is a way of financing public sector projects through the private sector (can be typically 25 years).
Design, build, finance & operate.
How and why should the supply chain be involved in a project?
To add their expertise, provide their value in cost, quality and programme.
- client - first tier suppliers (design consultants)
- contractor - subbies and specialists
Explain the concept of lean construction?
Is the application of using manufacturing techniques in construction.
Lean is aimed at maximising value and minimising costs.
What is Prime Contracting?
Single point of contact for the client for the contractor.
Pros:
- clear lines of communication & accountability
- supply chain management
Cons:
- fraud detection (adding layer overheads/ profits)
- stifles innovation and competition
- performance
What is the purpose of a framework?
To allow clients to access x number of suppliers who have been vetted and have agreed to the frameworks T&Cs. Frameworks have an agreed length of validity before they expire eg. 3 years.
Example: Pagabo Multi Dis
- Call Off agreed with client.
- B2B agreed with supply chain.
OJEU compliant framework?
A framework that follows the OJEU process of making sure everyone can tender for the framework in question when it went out to ITT.
Note.
Public contracts = 51% or more funded
When analysing a pricing document what other documentation can you use to help check the pricing?
- SPONS (AECOM)
- BCIS (RICS)
- Collated cost data from previous projects
What information would you expect a contractor to submit on a single stage process for a traditional procured process?
- Quality
- experience
- H&S
- project team - Commercial/ Quantitative
- Form of Tender
- Compliance (submission of bonafide tender)
How do you deal with Errors in tenders?
Under JCT Practice Note 2012.
2 options:
- Cannot be accepted
- Can be accepted - dependent on circumstances
Must be informed at ITT stage.