New Global RICS Code for FM Procurement

Gavin Ogg said, "The success of any FM procurement project should be measured by the achievement of the project objectives but also by the quality of the relationship between client and supplier and the value added over the term of the contract. The code sets out many practical points to optimise the process and documentation to ensure clarity for all parties, the foundation of a value adding business relationship."

The RICS CoP provides guidance on the various factors that need to be considered throughout a procurement process, including activities and key decisions during planning, procurement and post-procurement. It also explains how to develop strategic objectives and includes clear descriptions of the services to be procured.

The aim is to help the professional choose an appropriate procurement route and consider the different elements in delivering an effective procurement process that results in a successful contract with benefits for both the client organisation and the supplier.

Download the Code of Practice here.

Our FM consultancy team provides a range of specialist advice to clients to improve the value and performance of their FM functions. Our support covers existing client portfolios as well as improving FM performance and value, developing FM strategies and policy, procurement of high performance FM contracts and FM management training and coaching.