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Summary: The Canadian Construction Industry

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As the Canadian construction industry continues to grow, it is necessary to understand and outline the importance of various procurement routes to maximize the success of a project. Procurement can be referred to as a route, method, or system. In order for procurement to be introduced, a project strategy needs to be developed, which typically outlines the risks, benefits and financial constraints for the project which ultimately reflects in the choice of contractual arrangements (The Joint Contracts Tribunal Limited, 2011). Procurement is also renowned as a ‘multifaceted business process;’ therefore, selecting an appropriate procurement route for a construction project is not an easy decision for anyone looking to build or procure construction

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