1Background to the NEC
Procurement strategy
Contract typology
Conventionally, the parameters of time, cost and quality have been assessed in relation to choosing the correct type of contract for individual projects on the following basis:
- time: design and construction duration and certainty of end date
- cost: overall price (fees and construction) and certainty of final account
- quality: specification standards and workmanship on site.
The procurement analysis of the relative importance of time, cost and quality has historically led inexorably to a decision as to whether a traditional, a design and build, or a management procurement route is appropriate. However, such analysis has also long been predicated on the convention that time will ...
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