Tag: procurement
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Setting a new standard for procurement competence
By setting the highest standards of procurement competence across the life cycle of a building and at all levels within the supply chain, the framework aims to address a key finding of Hackitt’s 2018 report, which identified that poor commercial and procurement practices in the years leading up to the Grenfell fire had driven a…
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Setting a new standard for procurement competence
By setting the highest standards of procurement competence across the life cycle of a building and at all levels within the supply chain, the framework aims to address a key finding of Hackitt’s 2018 report, which identified that poor commercial and procurement practices in the years leading up to the Grenfell fire had driven a…
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Trump orders federal procurement overhaul
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: President Donald Trump last week ordered federal agencies to overhaul their procurement systems and regulations. It’s the biggest effort to modernize how federal agencies buy products and services since Congress passed the Federal Acquisition Streamlining…
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New competence framework tackles ‘race to the bottom’ that led to Grenfell
A new framework defines the minimum competence requirements for those undertaking procurement activities in the industry. The purpose of the ‘Competence Framework for Procurement Professionals in the Built Environment in England‘ is to promote and uphold “the highest industry standards” across the lifecycle of a building and in the supply chain and prevent the poor…
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Laing’s head of procurement joins Wates as construction ops director
Mosey said: “I’m thrilled to be joining Wates, with its strong heritage and firm commitment to driving safety, sustainability and quality in everything it does. I look forward to working with teams across Wates Construction to maintain this strong foundation and continually improve how we deliver for our customers.” View the original article and our…
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British Museum in search of consultants for £46m framework
The British Museum is seeking consultants to renew its £46.1m construction consultancy services framework. The four-year scheme will replace the 2021 framework and involves ongoing and project-based work across the Bloomsbury-based estate. The framework has seven slots: Project management Quantity surveying and commercial management Mechanical and electrical engineering (including fire protection, security, lighting, acoustics and…
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Construction’s Hidden Profit Center: How Procurement Can Transform the Bottom Line
The construction industry is at a critical juncture, with increasing pressures to build faster, to meet sustainability goals while also improving profitability. Historically, construction has lagged far behind other industries in adopting technological innovations, and inefficient procurement processes have often led to cost overruns, project delays, and massive material waste. However, a shift toward modern…
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Social value requirement for public sector contracts comes into force
“Over £385bn was spent on public procurement in 2022 to 2023, making up almost a third of all public spending,” said CLC in the foreword to its guidance. “The Procurement Act 2023 enables a new approach – simplifying structures and providing more flexibility to those designing procurements. View the original article and our Inspiration here
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James Beckett Joins Peak Group as SVP, Supply Chain & Procurement
The Peak Group of Companies is pleased to announce that James Beckett, a dynamic executive with extensive experience in leading executive teams, merchandising and marketing strategy, planning, product development, private brands, global procurement, and inventory management, for several multi-billion–dollar retailers, will join Peak as Senior Vice President, Supply Chain & Global Procurement, effective March 3,…
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Winners named for £800m Pagabo public sector framework
Several FM arms of tier 1 contractors are among the 27 companies appointed to a new public sector framework. The Total Facilities Management Framework has an estimated value of £814m and will run until January 2029 across eight UK areas. It will be managed by procurement provider Pagabo on behalf of contracting authority Red Kite…