Whether it's IT contracts, infrastructure construction or military munitions, we can all think of far too many examples of missed deadlines and overrun budgets.
These indicators are used for the assessment of maintenance contracts, infrastructure integrity and service quality, and also prompt alert for quick intervention.
To meet these goals, it must execute flawlessly while also grabbing its share of new contracts; infrastructure spending in India is expected to rise 61% to $109 billion by 2008, according to Merrill Lynch.
While this is simple to say, in practice this can be a challenge, unfortunately most universities have historically repurposed their federal contracting infrastructure to work with industry, which treats deal-making like forms-processing and eliminates the opportunities for creativity.
Of course banks need regulating, taxes collected and contracts for infrastructure contracts written.
Compare that flexibility with the model most organizations use today: A company signs, say, a five-year contract for infrastructure support with an outsourcer or other provider.
Fluor Corp has been awarded an engineering, procurement and construction contract for infrastructure and offlease facilities for the first phase of Imperial Oil's Kearl oil sands project near Fort McMurray in Alberta, Canada.
In fact, the World Bank just came out with new data that reportedly revealed that 48percentt of Ghanaian young people are unemployed, so you'd think it would only be natural for the government to do more to force Chinese companies to hire local workers as part of the contract for infrastructure projects, right?
(Her spokesman, Jamie McShane, pointed to computer services contracts, which he said in fiscal year 2013 will cost roughly $40 million, and contracts for infrastructure maintenance, which he said will cost nearly $60 million, as examples of areas where Ms. Quinn saw bloat).
Poorly negotiated major contracts in infrastructure and the NHS have cost many billions in the past decade.
