Abstract: In contrast to traditional price-dominated lowest bid (LB) procurements, best value (BV) procurements select contractors most advantageous to the clients, taking into consideration not only prices but also other factors. ...

Abstract: Unlike the traditional price-focused lowest bid (LB), the best value (BV) tendering process selects the contractor that offers a product or service that is most beneficial to the procurement entity in various aspects. ...

Abstract: Selection of the most appropriate contractor is critical for a successful project. There has been no practical analytic model for objective determination of the most appropriate contractor selection method (CSM) before the ...