Best Value or Lowest Bid? A Quantitative Perspective

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Title:	Best Value or Lowest Bid? A Quantitative Perspective
Authors:	余文德 Yu, Wen-der
Contributors:	營建管理學系 Construction Management
Keywords:	Contractor selection;procurement;best value;quantitative model
Date:	2012
Issue Date:	2014-06-27 00:49:26 (UTC+8)
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. Decisions on whether LB or BV app
Appears in Collections:	[Department of Construction Management] Journal Articles

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