Procurement Advice

A key element in the success of any project is the selection of the best procurement method to deliver the works. The ideal procurement model will find the right balance between a client’s need for design input and the management of potential time, cost and quality issues.

The best procurement method for one project may be completely unacceptable to another client who requires more detailed involvement in the design process or who is more risk averse.

Projects with a clear functional design brief and longer program duration may be best suited to fully designed, documented and tendered traditional lump sum methods of procurement.

Projects with tight delivery programs can be better suited to design and construct or construction management methods of procurement.

Projects with demanding functional design requirements and buildability issues can benefit from earlier involvement of the contractor through more collaborative procurement methods like managing contractor.

Projects with tight cost constraints can be more suited to guaranteed maximum price contracts or managing contracts with guaranteed construction sums. Contractual mechanisms for share of savings can maintain competitive tension in pricing to help ensure value for money outcomes are achieved.

Wilde and Woollard can advise you on the best method of procurement to deliver your project.

Our method of procurement experience includes the following:

  • Lump Sum
  • Lump Sum (with quantities)
  • Design and Construct
  • Construction Management
  • Cost Plus
  • Guaranteed Maximum Price
  • Managing Contractor
  • Managing Contractor (with Guaranteed Construction Sum)