Developing a Robust Procurement Process for Capital Infrastructure Projects: A Power Utilities’ Guide

Procurement is often the unsung hero of capital infrastructure projects. Yet in successful utilities and power organizations, strategic procurement plays a key role in the planning and execution of such projects. Indeed, in 2021, procurement must no longer be simply a cost center that performs administrative, tactical, and transactional activities. Rather, when it is leveraged strategically, procurement acts as a value adding partner and a fully integrated strategic function within the project execution team.

In this White Paper you’ll learn how to develop a procurement strategy by exploring:

  • The elements of a robust procurement strategy
  • Stakeholder engagement in procurement projects
  • The importance of market sounding
  • Preparing Solicitation Documents and Terms and Conditions Agreements
  • Total Cost of Ownership oriented proposal evaluation
  • Proactive contract management and record-keeping
  • & More!

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