ABSTRACT
This research sole aim is to improve on the development of conceptual procurement models that can create direct and indirect impacts of various forms of plant and equipment procurement in Kaduna state Tertiary Institutions in relation to, need assessment, delay in completion, costs and non-conformance with specification by suppliers and installation related issues, likewise the involvement of professionals in procurement activities. The model builds on existing classifications of procurement need assessment, costs benefits and is illustrated by means of diagrams and symbols. Questionnaires, interviews, stakeholder’s information and procurements records were used to generate data to acertain the present practice so as to identify strengths and weaknesses of the institutions. Results were analysed using various statistical tools to establish relationships. The development of the models led to the conclusion that assessment of the direct impact can be measured using the models in plant and equipment procurements. A form of engineer procure installs (EPeI) that was developed through many other models using this survey among other conceptual models generated out of the research, can minimise risk associated with procurement supply chain and delays. In addition, e-installation may offer possibilities for structural changes in existing procurement routines and give professionals opportunity to participate in this regard, which may in turn save cost of transportation of trainee and give direct relationship with the manufacturer and assist in technology transfer.
Abstract: AN ASSESSMENT OF FUND ACCOUNTING IN VENTURE CAPITAL INVESTMENTS
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