THE IMPACT OF PROCUREMENT SYSTEMS ON CONSTRUCTION COST AND DELIVERY IN NIGERIA
OLUMIDE ADENAIYA AND SOPHIA ONOME ALABI-AKUGE, Volume 5 Issue 1, 2021 Pages 40-46, Published: 2022-10-02
Abstract
This study examined procurement systems in the construction industry in Nigeria and their effects on charge management besides project conveyance, the followings were the purposes of the study, to classify types procurement arrangement usually castoff by construction companies smart Lagos, to observe tasks met after engaging numerous procurement schemes for building developments and to inspect the bearing of procurement schemes on construction price. Primary data were administered aimed at the research complete questionnaire and subordinate spring which were primers, journals, applicable literature, noble reviewed journals, management official magazines, newspaper, magazines, and internet basis. The descriptive review research design was castoff in this study. Stratified random sampling method was employed in reaching a sample scope of fifty-two (52) defendants pinched after the entire number of workforces in Construction Companies. The information composed were examined using statistic package for social science. Data collected was analyzed using descriptive statistics. Accessibility of materials, False or impractical financial statements, prequalification and continuous growth of the contraction industry, Level of firm professionalism, Creation of associations, Prequalification of consultants, Site risk, Project type, Superiority related, Client characteristics and cost associated are the tasks met after carrying out numerous procurement schemes for the building project. In conclusion, contracting has the highest ranking in procurement system most standard procurement systems often used in several construction companies and while project management has lowest ranking . It is recommended that passable procurement methods with proper budget, opportune issuance of material, completion of design and project organization services must be the foremost attention of the construction firms command for construction jobs