REGISTER  

Organizations spend multimillions on buying goods, services and construction in the management of their physical assets annually. While purchasing contracts may not be the most exciting aspect of FM, it is the start of most success stories. All organizations have mandates, policies and directives that guide the purchasing process as well as being guided by case law, legislation and trade agreements. (Oh, No!!). This landscape is ever changing while managing properties is challenged to do more with less and stretch budgets while meeting organizational commitments such as ESG and tariff challenges.

Presentation Outline:
This presentation takes a holistic view of the process for goods, services and construction procurement with a mind to obtaining best value. It focusses on planning for the various stages of procurement and the contract management cycle laying the foundations for best outcomes. The FM role in procurement is critical to ensuring accurate information, principles of fairness, due diligence and innovation are at the core of the documents issued to the marketplace to attract the best suppliers and contractors to contribute to successful contract and project outcomes – for all. While there are numerous ways to approach the market, this presentation will focus on choosing the most appropriate methods for the various needs in FM and note advantages/disadvantages of types of contract structures supported by examples from the field and accompanied by a Book recommendation written by a procurement lawyer and a series of courses to improve procurement practices.
 

Learning outcomes for practical procurement in FM:
• Understanding the different types of procurement approaches used for goods, services and construction;
• The value of clear, concise procurement documents;
• Articulating risks and the value of risk sharing;
• Best methods for avoiding contract performance failures