Construction material procurement is the process of sourcing, selecting, ordering, paying for, and delivering the materials needed to complete a construction project. It’s a crucial part of construction project management, as it ensures that projects are completed on time, within budget, and to the desired quality standards.
Procurement is a broader term that includes purchasing, sourcing, negotiation, and contract management Effective procurement strategies are essential to avoid delays, increased costs, and project failur
Supply chain issues can make material procurement even more crucial for success
- Competitive bidding: Suppliers are selected from a list of registered suppliers based on a competitive tender.
- Design and build (D&B): The project owner contracts with a single entity to handle both the design and construction aspects of the project.
- Construction management: The owner appoints a management team to oversee the procurement process on a fee basis.