Procurement is the process that creates, manages and fulfils contracts. Procurement activities start once the need for procurement is identified and end when the transaction is completed.
There are six principal activities associated with the procurement process:
1) Establish what is to be procured2) Decide on procurement strategies in terms of contract, pricing and targeting strategy and procurement procedure3) Solicit tender offers4) Evaluate tender offers5) Award contract6) Administer contracts and confirm compliance with requirements.
BS ISO 10845 is series of international standards entitled 'Construction procurement' which cover various areas of procurement within the construction industry. Each standard relates to a different aspect of procurement. This series provides a generic and standard set of processes, procedures and methods for a procurement system that is fair, equitable, transparent, competitive and cost-effective.
This series of standards is especially relevant for developing countries that lack experience and instruments in this field and may be used to improve international trade. BS ISO 10845-1 provides a framework around which public, private and international organizations may develop their procurement systems to achieve fair competition, to reduce the possibilities for abuse and to improve predictability in procurement outcomes.
Part 1: Processes, methods and procedures
Part 2: Formatting and compilation of procurement documentation
Part 3: Standard conditions of tender
Part 4: Standard conditions for the calling for expressions of interest
Part 5: Participation of targeted enterprises in contracts
Part 6: Participation of targeted partners in joint ventures in contracts
Part 7: Participation of local enterprises and labour in contracts
Part 8: Participation of targeted labour in contra
Drafts for Public Comments for ISO 10845 Parts 2 to 7 are available for Public Comment until 31 October 2009.
Download and comment on the draft now:
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