BEST VALUE PROCUREMENT: WHEN LOWEST PRICE ISN'T GOOD ENOUGH
Authors: McGettigan, J.; Andgren, N.; Kerley, R.; Dobbs, D.
Source: Proceedings of the Water Environment Federation, WEFTEC 2005: Session 11 through Session 20 , pp. 1047-1056(10)
Publisher: Water Environment Federation
Abstract:An innovative approach for securing equipment pricing for multiple, multi-phased construction packages was development and implemented in accordance with the County's purchasing guidelines for competitive bidding. Utilizing a Best Value procurement process allowed the County to secure an optimum balance of pricing and performance for critical equipment based on the long-term interests of the customer (rate payer), the operations staff, and the maintenance staff. Through the Best Value procurement equipment was selected based on a lowest lifecycle cost model, a competitive bidding environment was maintained during the procurement process, high quality and reliable equipment was secured, unit pricing from a single vendor across multiple construction packages was guaranteed, and the County could obtain standardized equipment for the Water Pollution Control Plant.
Document Type: Research Article
Publication date: January 1, 2005
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