In this paper, the first of our new Assured from Start to Finish series, we look at how to build cost assurance into procurement from day one. Too often, open book arrangements are bolted on late in the process, creating ambiguity and avoidable risk. This paper sets out the practical steps clients and contractors can take to embed transparency, and collaboration into procurement from the outset – from contract selection and pre-tender preparation through to finalisation.
Effective procurement underpins every successful open book project. By aligning procurement, commercial and finance teams around a shared assurance strategy, organisations can secure partners who deliver trust and value.
