Procurement overhaul could save £15bn a year, new report reveals

By Jordan Marshall2018-07-11T10:15:00

Lack of cohesive approach is costing industry billions, according to Construction Leadership Council

An overhaul of procurement practices could save the construction sector £15bn a year, according to a government-commissioned report.

Procuring for Value, which was produced by Construction Leadership Council member and Rider Levett Bucknall director Ann Bentley, provides recommendations on how government, clients and the industry can maximise the impact of the sector deal by a change in approach to procurement.

Bentley said: “The single, overwhelming observation that comes from the report is that there is a systematic lack of ‘joined-up’ action within the industry – on the part of government, clients and suppliers.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community