Create a practical purchasing plan that considers quantities, price changes, delivery costs, wastage, and contingency.
Start with drawings and quantities
A reliable budget should be based on approved drawings, a bill of quantities, or measurements prepared by a competent construction professional.
Include the complete delivered cost
Material price is only one part of the budget. Include transport, loading, unloading, storage, handling, potential price movement, and reasonable wastage.
- Separate materials by construction phase.
- Prioritize structural and long-lead items.
- Maintain a contingency for unexpected requirements.
- Compare quotations using the same quantities and specifications.
Track actual spending
Record purchase orders, deliveries, invoices, payments, returned materials, and stock remaining on site. Compare actual spending with the approved budget regularly.
Important information
Product requirements and construction methods vary by project. Obtain approval from the responsible engineer or qualified professional before changing structural specifications, quantities, or installation methods.
Written by
Saidu Sesay Enterprise
