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Government vetoes project bank account proposal

Construction Enquirer

The Government has blocked an attempt to amend the planned Procurement Bill to include mandatory project bank accounts for all jobs valued at over £2m. “Instead, we intend to continue educating contracting authorities, through guidance, on the circumstances in which we believe PBAs are practical and effective.” ” .

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How to Create an Independent Government Cost Estimate

Job Order Contracting

What is an Independent Government Cost Estimate? An IGCE (also in construction related service an IGE) is a cost estimate developed by the Government Requiring Activity, based on the requirements of the Performance Work Statement (PWS) or Statement of Work (SOW). How was the estimate made? What assumptions were made?

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Construction Value Engineering and Cost Estimating

Job Order Contracting

Construction Value Engineering and Cost Estimating go hand in hand. Arguably Integrated Project Delivery , Collaborative Job Order Contracting , Alliance Partnering, and similar project delivery methods represent value engineering applied to built environment repair, renovation, maintenance, or new construction projects. Learn more?

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£600m NHS Wales framework out to tender

Construction Enquirer

Health chiefs are looking to appoint four main supply chain contract partners for an estimated £600m pipeline of work over four years. Since the current framework was introduced, more than 28 projects have been procured by NHS organisations.

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£800m NEPO construction framework winners

Construction Enquirer

Twenty-four contractors have secured places on procurement group NEPO’s next-generation construction framework. The refreshed construction framework for councils and public bodies in the north east is estimated to be worth around £800m.

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Fusion21 awards £300m building and refurb framework

Construction Enquirer

Procurement body Fusion21 has awarded 61 firms spots on its national refurbishment, construction, new build and modular buildings framework. The four-year deal is estimated to be worth £305m and has been developed to support public sector organisations, including housing, education, and healthcare providers to deliver construction programmes.

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DoD’s reliance on RSMeans for FSRM

Job Order Contracting

Historical Precedent and Familiarity RSMeans has been a longstanding standard in construction cost estimation. However, this approach often overlooks local market fluctuations and nuances, leading to inaccurate cost estimates.