Chapter 34

Procurement

Abstract

Procurement is covered in this chapter from the procurement strategy through tender documentation and evaluation, bidder selection, requests for quotations (RFQ), letters of intent, purchase orders, contract types and documents, subcontracts, conditions of contract, bonds, Ascertainable liquidated damages (ALDs), discounts, monitoring, expediting, inspection, shipping, insurance, incoterms, commissioning, and final handover procedures and documentation.

Keywords

Procurement; contracts; tender documents; bids; purchase order; subcontracts; bonds; ALDs.; inspection; expediting; shipping

Chapter Outline

Get Project Management, Planning and Control, 6th Edition now with O’Reilly online learning.

O’Reilly members experience live online training, plus books, videos, and digital content from 200+ publishers.