The Pros and Cons of Using E-Tendering in Singapore Construction Industry

A basic definition for the procurement is “the way the building is realised” and “involves assembling and organising the skills and services of a team of construction professionals”. (the Construction Round Table, 1995). More precisely, the construction industry describes procurement as “a system that establishes the roles and relationships which make up a project organisation”; hence the overall organisation and communication structure for the management, administration and control of a project is established by the procurement system. (D.C.H Coles, 2010)

This paper includes a description of the procurement planning process. The most valuable output of the plan procurement process will be identified. Furthermore, the various contract types will be explained. A source criterion that would be applicable to any project will be described and three criteria that would apply to most projects will be identified. An analysis of the ethical

Through tendering it should be conducted systematically and involve a score matrix with standardised to bid/or not bid questions that will assist in determining whether to advances whilst removing personal opinion from the equation. It is vital that the mandatory requirements are reviewed for the bid some of which may include contractors

Clough, Richard H, Glenn A. Sears, S K. Sears, Robert O. Segner, and Jerald L. Rounds. Construction Contracting: A Practical Guide to Company Management. , 2015. Print.

Procurement by public entities is guided by primary law principles of transparency, equal treatment and non-discrimination, procurement laws sets up an extensive legal framework regarding the procurement of work, supply and service contracts. There are two main reasons for the use of specific procedures i.e. why contracting authorities do not just negotiate or simply buy from the closest supplier. First, it provides for more public accountability and therefore less cases of corruption practices. Additionally, tendering procedures aim to ensure the best value for money by making it necessary for suppliers to act highly competitive. As a result, market mechanisms will help in facilitating the best possible practices. In situations where market mechanisms are not effective, tender procedures might lose their effectiveness as well. If for example there is lack of competition due to certain complexities or as a result of lower bidder interest, negotiations with just one or two suppliers may be the most efficient manner to handle the process. Therefore, we discuss the inherent advantages and disadvantages of sealed bidding and contracting by negotiation as procedural frameworks for tendering.

A select delicate is just open to a select number of suppliers. The providers might be a short rundown sourced from an open delicate or be a compilation of business that the association has worked with beforehand.

of Administration in the State of Wisconsin, Los Alamos National Laboratory, Fermi National Accelerator Laboratory, etc. Guidelines and procedures were solicited and detailed comparison on the potentials and pitfalls of each of these systems was carried out. In the UK, there is a Quality Mark initiative for builders in the domestic repair, maintenance and improvement sector. Under this scheme, consumers can identify reputable builders who have demonstrated to independent assessors that they possess the skills and competence to complete work to a high quality standard. In Singapore, the performance of subcontractor is assessed and fed back to a registration system known as the Singapore List of Trade Subcontractors Registry. This system is administered by the Singapore

It is also estimated that lack of interoperability between AEC software costs the industry another $15.8 Billion across the board in years prior to adoption of interoperable software solutions. Funds that could be used to make more efficient and sustainable projects, invested in expanding practices, purchasing new technologies and employee training, are being wasted with inefficient processes. Increasing project complexity and clients demanding more to be done with less as well as the need for teams to work remotely but remain connected are factors pushing the construction industry to discover new opportunities for increasing efficiency and productivity.

In construction projects, mostly the firms (in this case the firms become client) do not have the skills or develop skills inside the firms to undertake the projects due to amount of the projects should be conducted or the complexity of the projects (Reve and Levitt, 1984). Therefore, the economic decision to conduct the projects is to procure them to third parties. However, more commonly the client agonize the final quality of the projects will meet standard requirements. Thus, impacts to involvement of complex contracts of construction procurement.

Choosing construction management as a procurement strategy means the client is responsible for leading the

Abstract: The construction projects generally are broadly categorized as Green Field Projects and Brown Field Projects. In recent years Indian Construction Industry practices has set benchmarks globally through adaption of planned policies, their quality standards and ability to complete projects within the defined time frame. Here comes the concept of Project and Construction Management. Within this sector of building construction allied with civil, structure, interior and services, Project Management can be defined on the thumb rule of five stages involved , which are interconnected and can be categorized as Initiate, Plan, Design, Construction, Close out and Handover. Majorly the difference between Project Management and Construction Management can be summarized as Project Management being associated mainly with planning, designing, budgeting and co-ordination, on the other hand Construction Management is associated majorly with on-site execution, building

Perceived benefits are referred to as the anticipated advantages of an e-procurement system that can be provided to an organization. Among the existing studies are those on the benefits of e-procurement, for example [69], [70], [71]. Aggregate findings of these researches shown that there are many benefits of e-procurement in construction in relation to costs and time savings; improved quality of construction products and services, client and user satisfaction, efficiency and effectiveness in the management of construction projects. Organizations are likely to adopt an e-procurement system if they believe it will yield positive or beneficial results.

There however are challenges in the industry occasioned by uncertainty on future spending on construction projects by the government. Moreover, the cost of doing business and the ability to increasingly make revenue have created a challenging environment for the construction firms. Therefore stakeholders in the construction industry are concerned with whether the government would increase its spending and whether the public construction projects will be available in the future since less than 10 percent are currently financing their clients.

To select a suitable procurement strategy for a construction project, there are some issues which need to consider. From all of those issues, there are 3 big issues that mainly affect the selection decision which are time, cost and quality. There is several type of procurement strategy available in market that commonly used for construction project and each of the common method will be analyze and compare to find the most appropriate method for this project. The choice of procurement strategy is very important to the success of a construction project. Therefore, the characteristic of each strategy have to analyze and also its relative advantages and disadvantages. A recommendation of most appropriate procurement

E-procurement help to provides various benefits, but still the implementation is in development stage. Since not every business model or e-procurement system are equally stable for supporting different business processes, so companies are approaching