Construction management procurement—diagram

Copyright © 2025 LexisNexis
Published by a LexisNexis Construction expert
Flowcharts

Construction management procurement—diagram

Copyright © 2025 LexisNexis

Published by a LexisNexis Construction expert

Flowcharts
imgtext

Powered by Lexis+®
Jurisdiction(s):
United Kingdom

Popular documents

Repair and maintenance contracts

Repair and maintenance contractsThis Practice Note looks at the nature of repair and maintenance contracts, how they are used and the different types of such contracts: term contracts and contracts for specific, pre-defined works. It looks at particular considerations that need to be taken into

Target cost contracts on construction projects

Target cost contracts on construction projectsWhat is a target cost contract?A target cost contract is a type of cost reimbursable contract under which the contractor is paid the ‘actual cost’ (usually defined in the particular contract) it incurs in carrying out the works, but subject to a target

What is two-stage tendering?

What is two-stage tendering?This Practice Note explains the 'two-stage tendering' approach commonly used to procure construction projects. Many employers use two-stage tendering to involve contractors at an earlier stage. It enables the employer and the selected contractor to work in collaboration

Prime cost and cost reimbursable construction contracts

Prime cost and cost reimbursable construction contractsWhat is a prime cost contract?In simple terms, if a contract is agreed on a ‘prime cost’ basis the contractor will be reimbursed the costs it incurs in carrying out the works, ie labour and materials (including those from sub-contractors), plus