Construction procurement policies, strategies and procedures. Code of practice
Construction procurement policies, strategies and procedures. Code of practice
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What is this standard about? BS 8534:2011 gives recommendations and guidance on the development within a public or private sector organization of policies, strategies and procedures for the procurement of construction in the built environment. Who is this standard for?
Procurement managers Public or private sector clients procuring projects Contractors and consultants Finance/risk management/quality management personnel The construction supply chain
Why should you use this standard? BS 8534:2011 sets out to provide organizations with a generic and standard set of processes, procedures and methods for establishing a procurement system that is fair, equitable, transparent, competitive and cost effective. It helps both public and private sector client organizations in the development of these procurement systems and in forming an effective strategy. This creation of a framework for the development of procurement systems that facilitate fair competition, reduce the possibilities of abuse, and encourage best value, is intended to then apply down the supply chain. The guidance given includes generic methods and procedures for procurement, including a detailed consideration of the alternatives available, including negotiation, competitive selection, competitive negotiation and electronic auction.
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