The Engineering Procurement & Construction (EPC) industry plays an important role in the South African economy. The industry regulates infrastructure in the country, involves many stakeholders and is therefore a large source of employment.

Effective tendering is considered to be the cornerstone of EPC industry. There are many reasons why EPC projects lose money, one of them is bad contracts which cost companies millions of rands. This can also lead to senior executives losing their jobs.

Regulation 1 of the CIDB Act defines construction procurement as “procurement in the construction industry, including the invitation, award and management of contracts”. It is critical for the industry to collaborate and identify vital and innovative procurement practices to make a positive difference in project delivery.

Today’s engineering procurement and construction industry is uniquely challenging. Government and industry participants generally agree that the implementation of e-procurement system will enhance the overall quality of The public sector tender and procurement landscape therefore successful implementation of innovative e-Solutions, such as e-Tendering, requires careful consideration.

This conference will be a platform for key industry leaders to discuss standards and regulation, strategies, costs and risk reduction, challenges and opportunities related to projects in EPC. Delegates will hear case studies from major construction companies, learning the latest innovation and trends in construction procurement.

The conference will also provide industry and public sector practitioners to engage in issues impacting the procurement of construction projects contracts.

This is a must attend event for persons involved in the EPC industry.

For more information or to register, email karabo@businesssuccess.co.za or call 011 472 1035