Relationship-based procurement methods for public infrastructure – the way forward
Zuo, Jian, Jin, Xiao-Hua and McDonald, Mark 2011, Relationship-based procurement methods for public infrastructure – the way forward, in ICCEPM 2011 : 4th International Conference on Construction Engineering and Project Management, [ICCEPM], [Sydney, N. S. W.], pp. 1-8.
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Relationship-based procurement methods for public infrastructure – the way forward
Public infrastructure is crucial to promote and sustain a sustainable economic growth and a health community. A large amount of capital investment is generally required in infrastructure projects that motivate the involvement of the private sector in the delivery process. Various relationship-based procurement methods have been attempted to maximize value-for-money. In this paper, the problems and challenges that relationship-based procurement methods have been facing are explored. A particular focus is placed on the challenges for the public-private partnership (PPP) model. Possible strategies for adapting the PPP models in the post-Global Financial Crisis era are proposed and discussed. In addition, the challenges facing alliancing, which is one of the other important relationship-based procurement methods, are also examined. Views on infrastructure procurement in the future were sought from industry professionals via interviews and are reported in this paper as well.
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eng
Field of Research
120201 Building Construction Management and Project Planning