Establishing a procurement strategy 
“Establishing a procurement strategy – New concert hall”
Assignment
Introduction
This assignment has been designed to enable you to prepare a report style paper on two currently used UK construction procurement methods that would be applicable to the example scenario below. Upon presenting the two most suitable options you should then suggest which one would be most suitable for the scenario given. Your assignment is outlined below.
Construction projects, establishing a procurement strategy
Many clients to the construction industry will often face a steep learning curve on their construction project or programme. To establish a valid and robust procurement strategy at the outset is considered a key aspect to achieving a successful outcome to their business or organisation objectives.
A significant number of clients come into the category of either being described as occasional or inexperienced. They will rely on their appointed professionals to assist in their selection of the best-suited procurement path.
Acting in a professional capacity on behalf of your client, a recently formed trust body, you are asked to evaluate the relative whole life suitability and risk apportionment of two appropriate but differing procurement methods suitable for the procurement of a spectacular new concert hall with a budget of £90m. Your selection of two relevant methods should be done through the use of an appropriate selection matrix.
The budget is mainly funded by the trust itself (through philanthropic donations) and National Lottery funding with the balance raised from charitable donations. There are no finances or grants available from central or local government.
The concert hall will comprise multi-use areas, one main auditorium, bar and restaurant facilities and open exhibition areas as well as all the public amenities normally associated with such a facility. A timescale of 24 months has been proposed from the start of the conceptual design to project completion. 1
Assignment
Introduction
This assignment has been designed to enable you to prepare a report style paper on two currently used UK construction procurement methods that would be applicable to the example scenario below. Upon presenting the two most suitable options you should then suggest which one would be most suitable for the scenario given. Your assignment is outlined below.
Construction projects, establishing a procurement strategy
Many clients to the construction industry will often face a steep learning curve on their construction project or programme. To establish a valid and robust procurement strategy at the outset is considered a key aspect to achieving a successful outcome to their business or organisation objectives.
A significant number of clients come into the category of either being described as occasional or inexperienced. They will rely on their appointed professionals to assist in their selection of the best-suited procurement path.
Acting in a professional capacity on behalf of your client, a recently formed trust body, you are asked to evaluate the relative whole life suitability and risk apportionment of two appropriate but differing procurement methods suitable for the procurement of a spectacular new concert hall with a budget of £90m. Your selection of two relevant methods should be done through the use of an appropriate selection matrix.
The budget is mainly funded by the trust itself (through philanthropic donations) and National Lottery funding with the balance raised from charitable donations. There are no finances or grants available from central or local government.
The concert hall will comprise multi-use areas, one main auditorium, bar and restaurant facilities and open exhibition areas as well as all the public amenities normally associated with such a facility. A timescale of 24 months has been proposed from the start of the conceptual design to project completion. 1
Bibliography: Anon (2011) 2011 Practice Note, London: Sweet & Maxwell. Ashworth, A. (2002) Pre-Contract Studies, Oxford: Balckwell Science Ltd. Mcleod, A.D.M.&.B. (2005) Procurement Strategy, Fifth Edition edition, Edinburgh: Napier Univeristy. 14 04/06/2014