Best value selection definition

Best value selection means a contract selection process in which the award of a contract is based on a combination of quality, timeliness and cost factors;

Best value selection means a selection based upon project cost, qualifications and other factors.

Best value selection means any selection process in which proposals contain both price and qualitative components and award is based upon a combination of price and qualitative considerations.

Examples of Best value selection in a sentence

• The term also includes Best Value Selections made by Customers, in which the Customer defines Best Value Selection and informs DIR of the intent to select a Worker and submits the appropriate procurement documentation required for the selection.

• In order to be awarded a Purchase Order hereunder, except for Best Value Selection, Vendors will respond to Work Order Solicitation(s) for services as issued by DIR on behalf of its Customers, consistent with the Terms and Conditions of this Contract.

• If the CM was awarded points for exceeding the published EDGE participation goal during the RFQ phase of the Best Value Selection process, include the following Section 1.5, otherwise delete it.

• If the CM was awarded points for exceeding the published EDGE participation goal during the RFQ phase of the Best Value Selection process, include the following Section 1.4, otherwise delete it.

• The A/E shall provide a File Transfer Protocol (FTP) Site for the CMR Request For Proposals (RFP) for use during the Best Value Selection of the CMR Firm.

More Definitions of Best value selection

Best value selection means a process in which consideration is given to both a price proposal and a technical proposal, and the award of the design-build contract is based upon a combination of price and qualitative considerations pursuant to sections 28 and 36 at P.L. 2021, c. 71, and

Best value selection means a selection process in which [proposals contain] consideration is given to both a price proposal and a technical proposal, and the award of the design-build contract is based upon a combination of price and qualitative considerations.

Best value selection means a contract selection process in which

Best value selection means a process in which consideration is given to both a price proposal and a technical proposal, and the award of the design-build contract is based upon a combination of price and qualitative considerations pursuant to N.J.A.C. 9A:6-1.8, such that the successful bidder is the one whose price bid and technical proposals together are most advantageous to the contracting unit, price, and other factors considered.

Best value selection means a selection based upon objective criteria related to price, features, functions, life-cycle costs and other factors.

Best value selection means a process to award contracts based on quality and costs. “Qualification-based selection” means a process to award contracts based primarily on contractor qualifications and a fair and reasonable price.

Best value selection means any selection process in which proposals contain both price and