Procurement strategies in an educational institute
In making its procurement decisions the Department of Facilities at the Massachusetts Institute of Technology looked at every type of procurement including gross maximum price contracts, lump-sum jobs, cost plus, shelf contracts, the on-call type, and design-build projects using bundled projects and public-private partnerships. For major procurements a selection team was established with facilities members, end users, and outsiders such as an auditor or general counsel. The team was provided wit...
BPIR Categories
6.2.1 Select suppliers/outsourced contractors
13.1 Develop and manage supplier/customer partnerships
6.2.4 Purchase materials & supplies