Description
Do recent moves in the construction industry towards collaborative working and other new procurement procedures really make good business sense?ÿProcurement in the Construction Industryÿis the result of research into this question and it includes theÿfirst rigorous categorizing of the differences between procurement methods currently in use. In the process of carrying out this research, the team has produced a comprehensive study of procurement methods which looks in detail at the relative benefits and costs of different ways of working, with sometimes surprising results. As such, it is not only a valuable guide for practitioners on the complexities of the procurement process, but also an outlineÿof the relevance of economic theory to the construction sector.
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