Lowest price or value? - investigation of UK construction clients' tender selection process
Wong, C
Lowest price or value? - investigation of UK construction clients' tender selection process - 2000 - Construction Management and Economics 18(7) October/November 2000, 767-774(8) .
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.
BEST VALUE
TENDERING
CONSTRUCTION PROCUREMENT
EVALUATION
SELECTION
BUILDING CONTRACTORS
PROCUREMENT METHODS
Lowest price or value? - investigation of UK construction clients' tender selection process - 2000 - Construction Management and Economics 18(7) October/November 2000, 767-774(8) .
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.
BEST VALUE
TENDERING
CONSTRUCTION PROCUREMENT
EVALUATION
SELECTION
BUILDING CONTRACTORS
PROCUREMENT METHODS