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Title: Will the traditional procurement system be still dominant in the construction industry of Hong Kong?
Authors: Chan, JHL
Chan, DWM 
Keywords: Traditional procurement system
Design-and-build procurement system
Merits and demerits
Construction industry
Hong Kong
Issue Date: 2007
Source: Proceedings of The CRIOCM 2007 International Research Symposium on Advancement of Construction Management and Real Estate (CRIOCM 2007), Coogee Bay Hotel, Coogee Beach, Sydney, Australia, 8-13 August 2007, Australia, p. 561-575 How to cite?
Abstract: The traditional design-bid-build procurement system has been dominant in the construction industry of Hong Kong for many years despite its inherent shortcomings. This research study aims to evaluate the perceived merits and demerits of traditional procurement system in comparison with design-and-build system in Hong Kong and to investigate the level of satisfaction on the traditional procurement system by various key project stakeholders. The selection criteria of an appropriate procurement system are identified and ranked. This research also examines the reasons for the prolonged dominance of the traditional procurement system and recommendations are suggested to promote a wider application of alternative procurement systems in Hong Kong. It is found that the traditional procurement system has its value to exist based on the results drawn from both the empirical questionnaire survey and the structured face-to-face interviews with various senior industrial practitioners in construction. They are generally satisfied with the overall performance of this procurement...
ISBN: 9780733425424
Appears in Collections:Conference Paper

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