Construction Procurement

Construction procurement is the process of acquiring the goods and services needed for building projects. It involves selecting contractors, negotiating contracts, and managing the purchase of materials. The goal is to ensure that the project is completed on time, within budget, and meets quality standards. There are various procurement methods, such as competitive bidding or negotiated contracts, each suited to different project needs. Effective procurement is crucial for successful construction, as it influences project costs, timelines, and overall success.