Construction material costs during pandemic recovery
Procurement Advisory Note PAN 01/21
Document Status
Current
Supplement
Core Supplement
Series
Procurement Advisory Note
Abstract
Measures which were necessary due to the Covid-19 pandemic led to a reduction in supply of raw materials, including materials used in construction, for example steel, timber and electronic components. Discusses the management of delays due to material supply issues for existing and future contracts and management of impact of volatile material prices for existing and future construction works and maintenance contracts.
History
Issued: 03 August 2021.
Subjects
- Legal issues and management
- Financial management
Publisher History
Department of Finance was formed from the merger of several others including Department of Finance and Personnel for Northern Ireland. The Department of Finance (DOF) is one of nine Northern Ireland departments, responsible for assisting the Northern Ireland Executive use resources and services for the benefit of the community appropriately and effectively.
Information
NBS
NBS has produced specification systems and information products for construction industry professionals for more than 40 years. The National Building Specification is the recognised UK national standard and is used by over 5,000 organisations. NBS is part of RIBA Enterprises Ltd.
Accuris
We connect trusted knowledge to customers' workflows – mitigating risk, increasing efficiency and accelerating innovation For more than 60 years, leading R&D and engineering-intensive organizations have relied on us to achieve on-time, on-budget delivery of complex projects and new products. We deliver an unparalleled combination of technical content and Artificial Intelligence (AI) technologies to surface answers from the vast universe of technical knowledge, both inside and outside the organization. In a single interface, we connect the dots between information scattered across many different sources, allowing technical professionals to make better, more informed decisions faster.