Building Procurement – Contract strategy

Productions of construction 2005

  USA 946 billion € Japan 380 billion €   Germany 206 billion € Spain 165 billion €   Austria 28 billion € Poland 22 billion €   Hungary 9 billion € Slovenia 3 billion €   (Source: FIEC, 2006) Budapest University of Technology and Economics Judit Gyulay Department of Construction Technology and Management 05.06.2007

Building Procurement – Contract strategy Bidding and contract award tenders  Open   Restricted Negotiated   Tender is obligatory in case of public investment above the national investment limit (400 000€) International investment limit (5 278 000€) PPP Public-Private Partnership   Budapest University of Technology and Economics Judit Gyulay Department of Construction Technology and Management 05.06.2007

Building Procurement – Contract strategy

Construction trends

   Increasing international competition Changes in technology Increasing (governmental) regulation in the area of safety, environmental protection Result  Larger well-managed construction firms are capturing an increasing share of the total construction market  Increasing demand for technically competent and innovative project- and construction managers.

  Budapest University of Technology and Economics Judit Gyulay Department of Construction Technology and Management 05.06.2007