Do recent moves in the construction industry towards
collaborative working and other new procurement procedures really
make good business sense? Procurement in the Construction Industry
is the result of research into this question and it includes the
first rigorous categorizing of the differences between procurement
methods currently in use. In the process of carrying out this
research, the team has produced a comprehensive study of
procurement methods which looks in detail at the relative benefits
and costs of different ways of working, with sometimes surprising
results. As such, it is not only a valuable guide for practitioners
on the complexities of the procurement process, but also an outline
of the relevance of economic theory to the construction sector.
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