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Professional Practice: Guideline for Quantity Surveyor Chapter 3

3.1 Introduction to Procurement

Procurement comes from the word procure which literally means “to obtain by care or
effort”; “to bring about” and “to acquire”. Procurement is the process that used to deliver
construction projects.

Procurement is defined as the process from the completion of design to the
successful handover of the building. It is also the contractual and financial arrangements

between the parties.
The process of acquiring goods, works and services, covering both acquisition
from third parties and from in-house providers. The process spans the whole cycle from

identification of needs, through to the end of a services contract or the end of the useful
life of an asset.

Procurement describes the merging of activities undertaken by the client to
obtain a building. The primary consideration in the procurement of construction projects
is the need to obtain best value for money of the construction project. Types of

procurement are:

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