Abstract
The procurement system is a key means through which the client creates pre-conditions for successful achievement of project specific objectives. The use and the development of procurement systems in any construction industry are affected by various factors. Thus it is interesting to discover different systems used in different instances. This paper presents the results of a questionnaire survey carried out among major contracting organizations in Sri Lanka on procurement systems to discern the trend from year 1977 to 2000. The paper also sheds some light on the underlying factors that affected the changes in procurement systems in Sri Lanka during the period concerned.
Highlights
The construction industry of any country, recognized as an economic regulator, plays a key role in its economy providing significant contribution to the national output
Well being of the national con struction industry is of paramount importance for eco nomic development and long-term growth of e country
As the construction industry is an open system, which is very sensitive to change, its characterization through out the world is determined by the operating external environment, which consists of subsystems such as economical, political, financial, legal and technological
Summary
The construction industry of any country, recognized as an economic regulator, plays a key role in its economy providing significant contribution to the national output. As the construction industry is an open system, which is very sensitive to change, its characterization through out the world is determined by the operating external environment, which consists of subsystems such as economical, political, financial, legal and technological. This has lead the industry to be in a challenging state in addressing the changes forced by the subsystems in an efficient and effective manner. The sample represents ap proximately 73% of the total population of M1 and M2 contractors operating in Sri Lanka.
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