Course Details
Basics of Construction Purchasing
Construction procurement presents unique challenges that require specialized knowledge of industry terminology, contract structures, contractor management and project execution. Procurement professionals who understand these concepts are better positioned to influence project outcomes, manage risk and deliver financial value.
This course equips participants with the skills needed to source construction services, evaluate contractors, develop solicitations, negotiate agreements and manage contracts throughout the project lifecycle. Participants gain practical knowledge that can be immediately applied to capital projects, facility expansions, renovations and other significant construction initiatives.
Recommended For
Procurement Professionals • Senior Buyers • Purchasing Managers • Contract Managers • Project Managers • Procurement Directors • Contract Administrators
What You Will Learn
- Understand the fundamentals of successful construction procurement
- Structure construction solicitations using contractor work packages for improved cost control and evaluation
- Differentiate among major types of construction projects and contracting approaches
- Evaluate market conditions affecting construction costs, lead times, labor availability and project risk
- Develop procurement plans that support successful project execution
- Demonstrate procurement's contribution to controlling project budgets and outcomes
- Evaluate the role of construction managers and owner's representatives in project success
- Apply advanced sourcing and contracting techniques to construction acquisitions
- Select contract types that align with project objectives and risk profiles
- Understand bonding, insurance and financial requirements used in construction projects
- Conduct contractor financial assessments to support informed supplier selection
- Review and manage construction contracts throughout the project lifecycle
Virtual Class Schedule:
Day 1 - 10:00 am ET - 1:30 pm ET / 7:00 am PT - 10:30 am PT (3.5 hours), Break for Lunch
Day 1 - 2:30 pm ET - 6:00 pm ET / 11:30 am PT - 3:00 pm PT (3.5 hours)
Day 2 - 10:00 am ET - 1:30 pm ET / 7:00 am PT - 10:30 am PT (3.5 hours), Break for Lunch
Day 2 - 2:30 pm ET - 6:00 pm ET / 11:30 am PT - 3:00 pm PT (3.5 hours)
Member Price: $1,395.00
VIRTUAL CLASS
Date
May 19-20, 2027
Location
Additional Information
Presenters
Prior to starting his own firm in 1991, William Agee, C.P.M., C.E.M, CMN, CPE, CPP, CPIM, SSBB, was a vice president in a large international management, consulting, and educational firm specializing in world class education, financial reviews and audits, procurement service, quality management, manufacturing and human resources. Agee has been involved in purchasing and materials management at various levels for over 30 years. His purchasing experience includes governmental (federal and state), wholesale, retail, service, industrial and manufacturing.
Previously, Agee was the Manager of Purchasing and Contract Administration at Allergen, Inc., a Fortune 300 corporation, which manufactures pharmaceutical and over-the-counter eye care products. While in residence, he also became familiar with the manufacturing and planning process for the 17 different lines of production both for their domestic operations as well as their international branches. Agee was also contracts manager for a large Department of Energy project where he oversaw the contracts development and management.
Additionally, Agee taught for Baylor University in the areas of purchasing and materials management. He developed a computerized purchasing simulation program entitled The Smart Buyer to provide realistic perspective of marketplace fluctuations and potential results. In addition, he has developed over 172 educational programs for organizations primarily focused in the areas of SCM, contracting and purchasing. He is the 2005 ISM Award Winner of the Howard W. Cosgrove Award for outstanding contribution to the profession.
Agee holds degrees in marketing and management. He is affiliated with many companies and organizations including the American Wholesale Marketers Associations, CIBA-Geigy, Allergen, Inc., American Contract Manufacturers Association (AMCON), The Fritz Company, Inc., Diamond Shamrock Corporation, Kodak, Medtronics Interventional Vascular. He is a CPE and CPP, both certified by the American Purchasing Society (APS) and a C.P.M. by the Institute for Supply Management (ISM). He has also been certified for the Certified Production and Inventory Manager by the American Society of Production and Inventory Control Society and Six Sigma Black Belt. In addition to being a speaker for ISM, he has held both local and national offices with the organization and has written several articles for leading purchasing and business publications.
Terms And Conditions
Virtual Learning Transferals: Registrations are transferable without any charge to another ISM Virtual Learning Course occurring within 12 months of the original purchase. Transferring registrations to another party are subject to price variance or change based on membership status and an additional $50 fee will be incurred. Any bundled purchases are non-refundable.
Cancellations Virtual Learning: Cancellations more than 5 weeks before the date of the course will incur an administrative charge of 50 percent. Cancellation within 5 weeks of the date of the event will be charged the full fee. You must notify ISM in writing of a cancellation. Any bundled purchases are non-refundable.
Tax Deduction: The Internal Revenue Service may permit an income tax deduction to U.S. residents for expenses (including registration fees, travel costs, meals and lodging) incurred in pursuit of continuing professional education. Consult your tax adviser for details.