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Article: Targeting optimum value in public sector projects through "best value"-focused contractor selection

TitleTargeting optimum value in public sector projects through "best value"-focused contractor selection
Authors
KeywordsConstruction Works
Contract Costs
Public Finance
Value Chain
Issue Date2003
PublisherEmerald Group Publishing Limited. The Journal's web site is located at http://www.emeraldinsight.com/ecam.htm
Citation
Engineering, Construction And Architectural Management, 2003, v. 10 n. 6, p. 418-431 How to Cite?
AbstractProcuring best value should be one of the key objectives in public sector construction projects. Best value depends upon sound "selection" strategies which ensure that the outlined project procurement objectives, including client/user demands are met. Examples of "best value" procurement are presented to demonstrate their usefulness and acceptance in principle. Further conceptualizations of various aspects of best value and the "dominance vectors" influencing the ultimate value definitions are developed, in accordance with basic public sector procurement principles. Presents a structured best value based contractor selection framework to optimize realizable value in public sector construction projects.
Persistent Identifierhttp://hdl.handle.net/10722/150345
ISSN
2015 SCImago Journal Rankings: 0.541
References

 

DC FieldValueLanguage
dc.contributor.authorPalaneeswaran, Een_US
dc.contributor.authorKumaraswamy, Men_US
dc.contributor.authorNg, Ten_US
dc.date.accessioned2012-06-26T06:03:36Z-
dc.date.available2012-06-26T06:03:36Z-
dc.date.issued2003en_US
dc.identifier.citationEngineering, Construction And Architectural Management, 2003, v. 10 n. 6, p. 418-431en_US
dc.identifier.issn0969-9988en_US
dc.identifier.urihttp://hdl.handle.net/10722/150345-
dc.description.abstractProcuring best value should be one of the key objectives in public sector construction projects. Best value depends upon sound "selection" strategies which ensure that the outlined project procurement objectives, including client/user demands are met. Examples of "best value" procurement are presented to demonstrate their usefulness and acceptance in principle. Further conceptualizations of various aspects of best value and the "dominance vectors" influencing the ultimate value definitions are developed, in accordance with basic public sector procurement principles. Presents a structured best value based contractor selection framework to optimize realizable value in public sector construction projects.en_US
dc.languageengen_US
dc.publisherEmerald Group Publishing Limited. The Journal's web site is located at http://www.emeraldinsight.com/ecam.htmen_US
dc.relation.ispartofEngineering, Construction and Architectural Managementen_US
dc.subjectConstruction Worksen_US
dc.subjectContract Costsen_US
dc.subjectPublic Financeen_US
dc.subjectValue Chainen_US
dc.titleTargeting optimum value in public sector projects through "best value"-focused contractor selectionen_US
dc.typeArticleen_US
dc.identifier.emailKumaraswamy, M:mohan@hkucc.hku.hken_US
dc.identifier.emailNg, T:tstng@hkucc.hku.hken_US
dc.identifier.authorityKumaraswamy, M=rp00126en_US
dc.identifier.authorityNg, T=rp00158en_US
dc.description.naturelink_to_subscribed_fulltexten_US
dc.identifier.doi10.1108/09699980310509390en_US
dc.identifier.scopuseid_2-s2.0-3242721188en_US
dc.identifier.hkuros94607-
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-3242721188&selection=ref&src=s&origin=recordpageen_US
dc.identifier.volume10en_US
dc.identifier.issue6en_US
dc.identifier.spage418en_US
dc.identifier.epage431en_US
dc.publisher.placeUnited Kingdomen_US
dc.identifier.scopusauthoridPalaneeswaran, E=6603323319en_US
dc.identifier.scopusauthoridKumaraswamy, M=35566270600en_US
dc.identifier.scopusauthoridNg, T=7403358853en_US

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