CPS (Construction Procurement Strategy)

A Construction Procurement Strategy (CPS) is a plan that outlines how a construction project will be awarded and managed. It defines methods for selecting contractors and suppliers, scheduling, budgeting, and risk management to ensure the project meets its goals efficiently. The strategy considers factors like project complexity, timeframe, and budget, helping stakeholders decide the best approach—whether through traditional contracts, design-build, or other methods. Essentially, CPS provides a clear roadmap to deliver the project on time, within budget, and to the desired quality standards.