GARY D. HOLT, PAUL O. OLOMOLAIYE and FRANK C. HARRIS
The procedural and administrative aspects of UK tendering have remained largely unaltered for decades but this may soon change in light of the recent review of the construction…
Abstract
The procedural and administrative aspects of UK tendering have remained largely unaltered for decades but this may soon change in light of the recent review of the construction sector, headed by Sir Michael Latham. This paper presents findings of a nationwide survey of UK construction contractors assessing their opinion of the Latham procurement recommendations, along with their opinion of the authors' proposals for alternative selection procedure. Contractor usage/opinion of current tendering methods, tendering documentation and contractual arrangements are also identified. Analysis techniques primarily involve the derivation of contractor preference, agreement and importance indices (Pri, Agi and Imi respectively). Results show that clients are attempting to cut costs by increased use of open tendering coupled with plan and specification tender documentation, but that savings are offset by clients ultimately paying for contractors' costs associated with their achieving contract award for only 1 in 5 bids. Generally, contractors are in tune with the ideals of the Latham review and characteristics pertaining to the HOLT (Highlight Optimum Legitimate Tender) selection technique.
Details
Keywords
GARY D. HOLT, PAUL O. OLOMOLAIYE and FRANK C. HARRIS
A quantitative contractor selection technique which embraces the pre‐qualification, evaluation and final selection processes is being developed. The emphasis is on evaluating…
Abstract
A quantitative contractor selection technique which embraces the pre‐qualification, evaluation and final selection processes is being developed. The emphasis is on evaluating contractors' performance potential in terms of their ability to achieve time, cost and quality standards. This approach is in contrast to the majority of current selection techniques which tend to prequalify, then discriminate predominantly on the cost component of tenders. The conceptual model is applied to a hypothetical but realistic scenario of a contractor competing for a small industrial contract. This illustrates the mechanics of the new technique, emphasizing that contractor selection should include identifying the contractor with the best performance potential and not merely the lowest bidder.
Details
Keywords
Bob Preston and Paul Holt
A programme of introducing teamworking into the business wasundertaken at BICC Cables, a leading cable manufacturer. Teamworkingallowed managers to combine their efforts in…
Abstract
A programme of introducing teamworking into the business was undertaken at BICC Cables, a leading cable manufacturer. Teamworking allowed managers to combine their efforts in dealing with business strategy and organizational change, and to implement changes in a spirit of common purpose and shared responsibility. Team development provided the necessary catalyst for improved relationships and purposefulness, whilst a focus on actions and follow‐up generated a great deal of successfully implemented changes in a relatively short time.
Details
Keywords
Nikolaos Apostolopoulos, Haya Al-Dajani, Diane Holt, Paul Jones and Robert Newbery
This book explores the interaction between entrepreneurship and UN sustainable development goals (SDGs). Our existing knowledge of how entrepreneurship can contribute to the SDGs…
Abstract
This book explores the interaction between entrepreneurship and UN sustainable development goals (SDGs). Our existing knowledge of how entrepreneurship can contribute to the SDGs and how their implementation can transform enterprises is limited. This is due to several factors including the recent launch of the SDGs and the rapidly growing and changing global economic, social and environmental challenges. Entrepreneurship, however, can be the engine for transforming our world and overcoming the diverse nature of these global challenges. Beyond the rationale of this book, the organisation and structure of the book is presented. All chapters are introduced and their key points highlighted. At the end of this chapter, the editors provide concluding remarks, future research avenues and policy implications arising from this collective volume.