Benefits of Developing Solid Government and Contractor Relationships Research Paper - 1

Benefits of Developing Solid Government and Contractor Relationships - Research Paper Example This research will begin with the statement that governments need the help of contractors because governments do not have ample employees to function and also lack the sets of skills required for government operations; the GAO (government accountability office) in the United States of America came up with these findings in a survey in 1991. Now this need to depend on contractors may increase as the government functioning areas are getting wider and so are the skills required in operating those areas, but the number of federal employees possessing such wide range of skills is not increasing; since 1991 to 2004 the OPM (office of personnel management) estimated that the civilian workforce in federal government has decreased by 13 percent. The business relationship that exists between the government and the contractors provides both with a tendency to grow with mutual interests at the core of the business relationship. But it is crucial for Government employees to understand that the na ture of work they do is sensitive and a certain degree of risk is always there when treating the contractual employees as members of their team and should refrain from partiality or preference. Certain rules and guideline must be ensured between the two parties so that a solid and reliable relationship between the two is created; leading to the mutual success of both. The government personnel falls under the law and regulations of the federal government and the employees of the contractor fall under their contractor's contract. A solid working environment between the contractors and government ensures benefit to both. The business relationship between government and contractors allows for a mutual base for achieving shared goals and objectives when subjected to successful planning, and it is necessary for the employees of both the contractor and government to understand these goals and responsibilities. Shared vision and mission are also termed as Partnering.

Commercial management Assignment Example | Topics and Well Written Essays - 3000 words

Commercial management - Assignment Example The report also underscores the importance of strategic bidding process by highlighting on models of bidding process and their strengths. In addition, the report also identifies predominant factors impacting on the mark –up optimization and strategies that could be employed by the construction company to enhance their bidding process. Additionally, the study examines the critical issues relating to cash flow and recommends strategies that could be employed by firms to ensure effective management of cash flow. The report will also expound on the strategic construction management claims in the event of changes on the contract, as a result of unprecedented risk occurrence. In conclusion, through the synthesis of the identified factors, the report recommends the strategies that the company should adapt with regards to environmental factors, strategic bidding practices and cash flow management in order to improve its profit and operations The main focus of this report is to provide strategic management plan for a medium sized construction company operating in UK in light of UK’s economic recovery from recession (BBC News, 2014). In outlining the company’s strategy, the report will be divided into three sections. The first section will entail an examination of the companys environment by use SWOT and PESTLE analytical tools. The second section will expound on quantity surveyors practices and principles in relation to the operations of a contractor and their implications to strategic alignment of the construction company. The subsequent section will examine new developments in the industry and their implications to the subject company. In conclusion, the report will provide recommendations deemed pertinent to the successful implementation of identified company strategy. UK’s construct industry is directly impacted by political factors through economic policies, deregulation policies and EU directives (British Chambers, 2014). Under