Contract Law

Essay specific features

 

Issue:

Business

 

Written by:

Donna W

 

Date added:

April 9, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

13 / 3427

 

Was viewed:

5525 times

 

Rating of current essay:

 
Essay content:

Best value analysis strives to apply good business judgement to making source selection decisions. It seeks to isolate technical differences between proposals to determine which offer represents the best value to the customer. The Federal Government is steadily moving away from awarding contracts purely on the basis of low price and opting to employ evaluation factors such as past performance, management capabilities and technical superiority...
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Confidence in a prospective contractor's ability to perform satisfactorily is an important factor in the source selection process making for "best value" analysis. Therefore, the purpose of this paper is to explore the difference between experience and past performance in the source selection process of "best value" procurements...
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