Equipment Procurement Services

Optimizing Healthcare Construction Projects: Managing Medical Equipment Costs

Medical equipment is the second-largest expense in a healthcare construction project, just below the actual construction costs. Its substantial impact on the overall project cost underscores the necessity for meticulous attention and proven methodologies in developing and managing equipment cost estimates.

Financially successful projects adopt a proactive approach by establishing equipment budgets early in the planning phase and consistently addressing them throughout the project’s life cycle. IHP specializes in generating precise equipment cost estimates, mainly when armed with the project’s space program. This assessment meticulously considers each department and item, encompassing fixed, major, and minor moveable equipment within each designated space.

Throughout the project’s evolution, viable existing equipment is seamlessly integrated, enhancing efficiency and fiscal responsibility. This strategic approach ensures accurate cost projections, fostering successful financial outcomes for healthcare construction endeavours.

Equipment Procurement

  • Develop FFE Procurement Strategy
  • Prepare a fully detailed FFE Procurement and Coordination Plan
  • Develop an FFE Equipment Responsibility Matrix for specification development, procurement, delivery, installation, commissioning, training, etc.
  • Coordinate site visits, furniture fairs, demos/trials, where appropriate
  • Participate in the development of procurement documents
  • Participate in the equipment tender evaluation process and the finalization of contracts
  • Prepare and maintain a detailed FF&E Logistics Schedule.
  • Provide and maintain a tracking tool on the status of all FF&E tender packages.

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