Managing risks: how to select the appropriate dredging contract
Contracts for dredging and offshore works are diverse. Moreover, increasing financial and/or managerial constraints require contracting parties to change the apportionment of commercial risk. Contractors and suppliers have to adapt to contracts that are chosen unilaterally by the owner. Turnkey and engineering, procurement, and construction (EPC) contracts are becoming more common in the industry and bring their own benefits and challenges.
Procurement
“Facts About Procurement” describes the overall process of identifying potential contractors, conducting the tender procedure and awarding the contract.
Procurement for dredging projects
Procurement for Dredging Projects
Procurement for dredging projects starts with a call for competitive bids guided by recognised tendering procedures.
On Public Procurement Rules in the EU and Early Contractor Involvement, Part II: Case Studies
On Public Procurement Rules in the EU and Early Contractor Involvement, Part II: Case Studies
Despite strict competition laws, the EU is reviewing some new procurement procedures that would allow a contracting authority leeway in negotiating early on with potential contractors.
On Public Procurement Rules in the European Union and Early Contractor Involvement
On Public Procurement Rules in the European Union and Early Contractor Involvement
Benefiting from early contractor involvement does not necessarily violate the European Union’s principles of freedom to supply goods and services.
Traditional Procurement Methods are Broken: Can Early Contractor Involvement be the Cure?
Traditional Procurement Methods are Broken: Can Early Contractor Involvement be the Cure?
When a mega infrastructure project is on the drawing board, who is most likely to have the technical knowhow to design the project in the most cost-effective manner – the clients, the contractors or consultants?
Partnering: The Right Procurement Tool for Risky Contracts
Partnering: The Right Procurement Tool for Risky Contracts
Despite the recent progress, partnering in the UK continues to mean different things to different people. The difference between project and strategic partnering is fundamental and could reflect the difference between a client's desire to partner on a short-term or long-term basis.