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Essay / Research Paper Abstract
This 11 page paper looks at the way in which capital procurements; specifically civil buildings, is undertaken. The writer considers the Gershon Report, the use of Gateway Process and other criteria that may be used such as BREEAM. The bibliography cites 7 sources.
Page Count:
11 pages (~225 words per page)
File: TS14_TEukgovp.rtf
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Unformatted sample text from the term paper:
the private sector. In the private sector when money is spent and capital invested in construction or property, there is an accountability to the shareholders and other imitate stakeholders such
as employees and possibly local residents. When we look at ha government department there is the need for accountably to be much broader, the government is accountable to its citizens,
and as a result must be more responsible with the ability to ensure that there is a maximisation of the resources used to gain a return. If we look
at this in terms of the civil building and the procurement by the government we may look both at purchases of existing buildings, construction as well as refurbishment. However, the
result need to be considered not only in terms of the final building and cost. There are many elements that need to be considered for a transaction to be considered
good value. This means looking at the way it may be used and the way in which the procurement impacts on ongoing costs, meaning that the best value may not
have the cheapest price tag. The way that procurement has taken place when it comes to this type of capital expenditure; civil buildings, there have been a number of
issues come to the fore. There are many aspects that have been addressed over the last few years, such as the need
for better value for money through the public private partnerships and the PFIs Private Finance Initiatives as these give a better value for money, but also through the use of
stakeholder approaches and ideas such as BREEAM, an external measure of the environmental efficiency of a building, this is explained later in the paper where greater consideration is given
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