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RICS launches global Procurement of Facilities Management Code of Practice

Aimed at both public and private sector property professionals involved in an FM procurement process either within their territory, region or globally, the new global industry code sets out high-level steps to bring transparency and consistency.

According to RICS, clients and service providers will “benefit from new clear guidance within the code” which outlines the key factors that need to be considered through the planning, procurement and post-procurement of facility management services and highlights the value of facility management expertise.

Paul Bagust, Global Property Standards Director at RICS, said:“We’re rolling out our code for procuring facilities management services to ensure the agreement of common practice standards, transparency and consistency – all of which underpin successful delivery – on a global basis.

“The code ensures there is a level playing field and clarity on what is going to be delivered before anyone, be it a client or a facilities provider, signs on the dotted line.

“In the UK the industry has already benefited as these guidelines have been used for over two years – now the global facilities management sector will be able to use this best practice to uphold high professional standards and deliver services that satisfy consumers.”

Kath Fontana, RICS President-Elect, commented: “Successful procurement is about much more than cost. By encompassing value in its broadest sense, this new code for facilities management procurement will drive consistency, transparency and clearly defined requirements to the benefit of clients and asset users across society.

“By embracing these principles, RICS professionals can further build trust in their critical expertise and continue their vital work to improve the experience of everyone who lives and works in the built environment.”

The new global Procurement of Facilities Management Code of Practice supersedes the RICS 2018 UK professional statement on the procurement of facility management.

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