Legal issues of e-procurement in Singapore construction industry
Hwee Yi. Wong
Abstract
Hwee Yi. Wong
Abstract
Many companies are shifting from paper-based procurement to electronic procurement (e-procurement), as an efficient system would streamline processes, facilitate data exchange, reduce paperwork, reduce costs, speed up supply delivery and boost productivity. However, e-procurement in the Singapore construction industry is still in the infancy stage as the industry is a slow adopter of IT. Though support and encouragement should be given to transform Singapore construction companies into 'click and mortar', e-procurement legal issues should be highlighted and understood before they plunge to embrace the new technology. Cases related to legal implications on e-procurement in other countries are studied in detail. To make the research more meaningful, interviews are conducted and questionnaires are mailed to e-commerce solution providers, construction companies, and government bodies, collating information and feedback on the legal issues of e-procurement.
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Many companies are shifting from paper-based procurement to electronic procurement (e-procurement), as an efficient system would streamline processes, facilitate data exchange, reduce paperwork, reduce costs, speed up supply delivery and boost productivity. However, e-procurement in the Singapore construction industry is still in the infancy stage as the industry is a slow adopter of IT. Though support and encouragement should be given to transform Singapore construction companies into 'click and mortar', e-procurement legal issues should be highlighted and understood before they plunge to embrace the new technology. Cases related to legal implications on e-procurement in other countries are studied in detail. To make the research more meaningful, interviews are conducted and questionnaires are mailed to e-commerce solution providers, construction companies, and government bodies, collating information and feedback on the legal issues of e-procurement.
Key concepts: Construction industry, Procurement, Business, Engineering, Construction engineering, Marketing