Big money, complex projects, what could go wrong?
Plenty, the legal landscape is littered with examples. Let’s take a brief look at the foundation upon which to build successful construction procurements:
- Allow time to plan, lots of time, there are many stakeholders, and their interests all need consideration. Consult widely
- Get expertise early, a good project manager is a valuable resource
- Know that you have a realistic budget that addresses everything from concept to completion and beyond
- The construction industry is your friend. They can and will offer advice, ask
- There are several methods to procure construction services. Choose the one that best fits your project: plan, consult, budget
- Fairness and transparency are paramount. Consider retaining an independent fairness / process advisor early in the process
In summary, prepare a strategy and assemble a team to execute that strategy.
