Public Sector Procurement in the United Kingdom: A Critique after the Egan and Latham Reports Abstract In the mid 1990s the construction industry in the United Kingdom with the help of its government decided to chart its recovery and development course in response to the economic reversals that severely affected the construction industry…
These transformations, both reports argued will prevent the crisis from happening again and consequently make the construction industry more resilient to future economic reversals. Investigating the current state of the construction industry as compared to the pre-Latham and Egan report era, this paper also investigated if the recommendations were fully implemented and integrated within the construction industry. A quick inquiry revealed that a Procurement Law that is congruent with both reports have been passed and is now fully implemented, comparing the law and the report it was revealed that the government has fully complied with both reports. This thesis also investigated the construction industry to determine if at all there was a cogent attempt to comply with the recommendation of the report. It was determined that there was no concerted effort to make the entire industry to systematically comply with the report. There is however indications of individual attempts of companies to comply with the report. ...
Introduction After a period of serious lapse in the growth of the construction industry in the United Kingdom, the government and other stakeholders commissioned Sir Michael Latham to review the procurement and contractual arrangements in the United Kingdom (Harding, 2008). The report was published in 1994 and it has been three years short of two decades since then. In March 15, 2005 or during the time the procurement law of 2006 is being deliberated in parliament the National Audit Office published its report entitled “Improving Public Service through better construction (Comptroller and Auditor General, National Accounting Office). In it, it was established that there is still a need “for further action to improve departments’ construction performance and the scope for significant financial savings” (ibid). This paper shall synthesise and analyse secondary sources that would include government statistics to determine the current state of the construction industry as compared to its condition in the pre-Latham report. This paper shall also analyze the impact of the report’s recommendation with regards to procurement arrangements in the United Kingdom. The areas that will be explored are the laws that were legislated since the publication of the report. This paper would cover the procurement arrangement within the United Kingdom specifically those involving the construction industry. Influenced by the Egan and Latham reports, the United Kingdom Public Sector Procurement lists three routes that will deliver a project to completion; Private Finance Initiative, Prime Contracting and Design and Build (Office of Governement Commerce, 2007). Each of the routes mentioned will be ...
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egration of the previous variables in the analysis of basic trends in the UK retail sector; development of solutions for the problems and challenges cited so that a better model of state policy, protective measures and regulation could be achieved. The study employed descriptive and critical account of the data gathered, using secondary sources extracted from extant body of literature on the subject.
The researcher took a sample of three companies from both sectors which included Tesco PLC, J Sainsbury PLC and Morrison’s PLC from retail sector and BP, BG, and Shell from oil and gas sector. In order to conduct the analysis, the researcher considered SWOT analysis, Porter’s Five Forces Model and financial ratios analysis of the companies for the past five years.
This means that the development of the labour market; and by extension the development of private and public organizations, institutions and companies depend on the kind of human resource development that takes place within these outfits (quote). This is because the human resource serves as the lifeline of these outfits and they inject a high level of predictability of the survival rate of the outfits.
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According to the report finance is the backbone of any economy and banking sector is the indispensible part of the financial segment of the economy. UK banking sector was also badly affected by the recent credit crunch that erupted in the mid 2007. At the initial stage of the report the readers would be introduced with the objectives and the contents.
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The women’s movement is greatly responsible for the empowerment of the “fairer sex”. It has catapulted deserving women into positions of power and authority, and has given license for the majority to step out of their comfort zone and venture into the rat race, gaining momentum, with men as both their allies and competitors.
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