Lowest price or value? - investigation of UK construction clients' tender selection process
Series: Construction Management and Economics ; 18(7) October/November 2000, 767-774(8)Publication details: 2000Subject(s): Summary: Provides insight into the evaluation of contractors' attributes, especially for Project-Specific Criteria (PSC), and looks at the 'lowest-price wins' concept as a means of achieving the best value for money. Describes the methodology and results of research aimed to determine the perceived importance of PSC among construction clients. Key findings indicate a growing trend in the use of PSC and the decline of 'lowest-price' as the obvious selection criteria for clients. Tables. References.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS63120 (Browse shelf(Opens below)) | 1 | Available | 109491-1001 |
Provides insight into the evaluation of contractors' attributes, especially for Project-Specific Criteria (PSC), and looks at the 'lowest-price wins' concept as a means of achieving the best value for money. Describes the methodology and results of research aimed to determine the perceived importance of PSC among construction clients. Key findings indicate a growing trend in the use of PSC and the decline of 'lowest-price' as the obvious selection criteria for clients. Tables. References.