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Productions of construction 2005. USA 946 billion € Japan 380 billion € Germany 206 billion € Spain 165 billion € Austria 28 billion € Poland 22 billion € Hungary 9 billion € Slovenia 3 billion € (Source: FIEC, 2006). Bidding and contract award tenders Open Restricted Negotiated
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Productions of construction 2005 • USA 946 billion € • Japan 380 billion € • Germany 206 billion € • Spain 165 billion € • Austria 28 billion € • Poland 22 billion € • Hungary 9 billion € • Slovenia 3 billion € (Source: FIEC, 2006)
Bidding and contract award tenders • Open • Restricted • Negotiated • Tender is obligatory in case of public investment above the national investment limit (400 000€) • International investment limit (5 278 000€) PPP Public-Private Partnership
Construction trends • Increasing international competition • Changes in technology • Increasing (governmental) regulation in the area of safety, environmental protection Result • Larger well-managed construction firms are capturing an increasing share of the total construction market • Increasing demand for technically competent and innovative project- and construction managers.