Management contracting

Introduction Management contracting procurement method is using in large and complex projects. By using this procurement, method client can reduce their risk and transfer management responsibilities to several contractors.  In some cases, the client might appoint one contractor as the management contractor. First of all. The project will be divided into several packages by client,Continue reading “Management contracting”

Procurement methods in Construction/ types of contracts

What is procurement means to the construction industry? Meaning of Procurement in everyday language is the action of acquiring or obtaining process of any kind of service or commodity. When its come to the construction industry acquiring or obtaining strategy is a time-consuming and costly process. Therefor different type of contract processes are there asContinue reading “Procurement methods in Construction/ types of contracts”