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Prime time for prime contracting

By: Contributor(s): Series: CSM (Chartered Surveyor Monthly) ; September 2001, 34(1)Publication details: 2001Subject(s): Summary: Discusses prime contracting - an application of the partnering concept between the prime contractor and the supply chain. Describes the experiences of the Ministry of Defence, which has pioneered prime contracting as a form of procurement. Explains how the prime contractor takes responsibility for almost all aspects of the project. However, he only actually carries out a small proportion of the work himself. Most of this is done by his supply chain. Thus the core skill of a prime contractor is to manage the supply chain. Suggests that prime contracting can generoulsy award those who achieve their objectives.

Discusses prime contracting - an application of the partnering concept between the prime contractor and the supply chain. Describes the experiences of the Ministry of Defence, which has pioneered prime contracting as a form of procurement. Explains how the prime contractor takes responsibility for almost all aspects of the project. However, he only actually carries out a small proportion of the work himself. Most of this is done by his supply chain. Thus the core skill of a prime contractor is to manage the supply chain. Suggests that prime contracting can generoulsy award those who achieve their objectives.