Our re-vamped website now has a resources page, check out the resources https://www.pppmanagement.co.uk/resources and make a diary note to check out Thursday Thoughts!
Our first video; Contract Management. If you have any comments please post, all welcome. If you can't see the video on an Apple device the video will be available soon on You Tube. The You Tube link is now at: http://www.youtube.com/watch?v=uMRb8OaDNtk
The Israeli missile Barak missile has now finally cleared the procurement process in India, 5 years since it started. What was the reason fro the delay? Allegations of corruption ( http://www.firstpost.com/india/defence-ministry-clears-procurement-of-barak-missiles-1303271.html ) In this particular case there was no case to answer. Indian defence procurement has had recent problems with allegations of corruption, the most notable of which has been the recent case of Finmeccanica resulting in the loss of a significant helicopter order $750m that could have led to a further order of $250m. Not only was the first order cancelled but subsequent investigations into the original deal resulted in the successful prosecution of the Finmeccanica CEO. However, the Finmeccanica story is not the first, in fact it is someway down the list of previous defence procurement scandals within the Indian defence sector with cases stretching back over thirty years. What is really in the article W
The NEC3 suite of contracts is seen by many as a step change in delivering collaboration to the construction arena. Much has been written on the benefits and challenges presented by the practicality of NEC3 contracts. We would like to focus on the benefits that NEC3 brings to building stronger more effective teams, this article will consider both practitioners and those with only an awareness of NEC3. The format and language of NEC3 allows for widespread understanding of the contract. The six options, 17 secondary options and use of Z clauses enables greater understanding and less of a reliance upon extensive legal training. Both those with an awareness and practitioners can gain a good understanding of the contents of specific NEC3 contracts through reading the contract. The ability to brief colleagues on the nuance of the contract and specific elements has the potential to increase the team ethos between different functions, i.e. contract administrators and the project m
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