Quantity Surveying, Construction Procurement, PPP, PFI, Contract Administration
Welcome to Quantity Surveying and Construction Procurement
Assalamualaikum and dear all,
This blog compliments teaching and learning for courses that I facilitate at the International Islamic University Malaysia (IIUM). The contents serve to further 'connect' students to the 'real world' (quantity surveying, construction procurement and others). In trying to provide current information to students, I will be quoting or reproducing works of others and for this I am grateful. I will indicate clearly the source(s). I hope I will not offend anyone; and many will frequent this blog and benefit from its contents.
Thank you and wassalam.
Prof. Sr. Dr. Khairuddin Abdul Rashid
This blog compliments teaching and learning for courses that I facilitate at the International Islamic University Malaysia (IIUM). The contents serve to further 'connect' students to the 'real world' (quantity surveying, construction procurement and others). In trying to provide current information to students, I will be quoting or reproducing works of others and for this I am grateful. I will indicate clearly the source(s). I hope I will not offend anyone; and many will frequent this blog and benefit from its contents.
Thank you and wassalam.
Prof. Sr. Dr. Khairuddin Abdul Rashid
Sunday, February 27, 2011
PPP, PFI, PSP, PPI, PFP and P3
Salam and dear all,
An article in Vanguard Online Edition discusses the concept of PPP and presented some of the common terms used across the globe: PPP, PFI, PSP, PPI, PFP and P3 and the various PPP models in use. To read the full article click here. I would like to acknowledge Vanguard Online Edition for making a reference to the said article in this posting.
Wassalam.
Sunday, February 20, 2011
Issues related to foreign labours in Malaysia
Sunday, January 30, 2011
PFI projects: Lessons learned
Salam,
The Economic Voice, 30th January 2011 published an article on PFI projects in the UK. Points discussed include the background to PFI, PFI contract agreement, unfair 'penalty', benefits to taxpayer, etc. Read the full article here. Many thanks to The Economic Voice.
Wassalam.
Friday, January 14, 2011
Funding for PPP Projects
Salam and dear all,
- An article in The Star 14th January 2011 discusses effort by a Special Purpose Vehicle - SPV - to raise money in order to fund its projects under the concept of Public Private Partnership - PPP. In addition, an article in the Business Times 15th January 2011 provides further discussion on the subject of SPV and PPP.
- More importantly, both articles discusses the concept of Built-Lease-Transfer or BLT, 'off-balance sheet', an instrument under the shari'ah compliant mechanism referred to as sukuk and many more.
- Read the article here: Pembinaan BLT plans RM10b sukuk
- Read the article here: Pembinaan BLT to roll out jobs worth RM3b this year
Tuesday, January 11, 2011
Value management for projects in the public sector
Salam and dear all,
- The government has made it mandatory for projects worth RM50 mil and above to undergo value management or VE (EPU).
- The objectives of the VE exercise include to see if the projects fit into the government's overall development objectives and to assess the potential spin-off linkages for the economy (see The Star 11th January 2011) here: Govt management labs to assess big projects.
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