Best Value Contracting Moves to the Forefront

SCOTTSDALE, AZ — “Best value contracting” is increasingly taking a front seat as a method of bidder selection in national public works and state construction projects, according to two speakers at the recent Union-Affiliated Contractors meeting here.

Pat Perno, administrative assistant to the general president of the United Association, explained that using the best value approach, projects are awarded under a method that permits selection of firms based on a combination of price and key performance factors, including experience, qualifications, and past performance. While the lowest bidder may still win projects, it will only do so where its bid is demonstrated to be “the most advantageous.”

Gerard M. Waites, Esq., counsel and contracting consultant for O’Donoghue & O’Donoghue, Washington, DC, explained that although best value contracting has been permitted under federal law for some time, recent regulatory revisions and federal policy initiatives have encouraged its expanded use.

Perno noted that with this type of selection process, tax dollars pay for quality projects vs. the risk factors associated with low bids.

Publication date: 04/16/2001

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

Recent Articles by Greg Mazurkiewicz

You must login or register in order to post a comment.



Image Galleries

2015 HARDI Fly-In

Highlights from HARDI's Congressional Fly-In in Washington, D.C.


NEWSMakers: Clint Schreck

Clint Schreck, general manager, Columbus Worthington Air, Columbus, Ohio, discusses winning Angie’s List Super Service Award, how to handle online reviews, and much more.

More Podcasts


NEWS 05-25-15 cover

2015 May 25

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

Legislation and Regulation

What legislative/regulatory issue is most important to you as a HVAC business owner?
View Results Poll Archive


2015 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research


Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


Magazine image
Register today for complete access to Get full access to the latest features, Extra Edition, and more.


facebook icontwitter iconyoutube iconLinkedIn i con