Procurement
The main objective of Mannvit’s procurement process is to maximize the value of investments on behalf of the owner. Procurement is made according to a process that ensures safe delivery of goods and services at the right price, at the right time and at the right quality. In order for this to go as planned, procurement must be considered during the early stages of projects by setting up a procurement plan (procurement strategy) and by selecting the tender form for individual items of the project from the start.
At the tender stage of projects, Mannvit’s procurement consultants prepare the tender documents, oversee the tendering process and opening of bids. The most qualified contractors/suppliers/OEMs are selected and contracts made. At execution phase, contracts are administrated by procurement consultants at Mannvit, which means monitoring the work rate and payments, and making sure it is in compliance with contracts. In addition, all change management of contracts goes through the procurement team in a structured way. At project completion the final settlement is made with the contractor on behalf of the buyer.
Mannvit’s procurement process ensures safe delivery of goods and services at the right price, at the right time and the right quality. It reduces financial risk and improves decision making through the whole project life cycle.