Book Description

"State departments of transportation have introduced enabling legislation, rulemaking, policy, and implementation guidelines allowing for the greater use of best value procurement in conjunction with alternative contracting methods, including design-build, construction manager/general contractor, and public-private partnerships, for highway construction projects. Best value incorporates factors in the selection process, in addition to price, to better ensure that an offeror will provide the greatest overall value to the agency at optimal performance. This legal research digest addresses the best value procurement systems used for highway projects and notes the flexibility regarding selection criteria, rating systems, and award algorithms. It also presents a definition of best value procurement; describes the best value procurement process, best value procurement approach, and steps for implementation; and includes an analysis of the existing federal, state, and local legislation focused on best value procurement. A compilation of relevant bid protests, the affected competition level, increased procurement cost, and other procurement or project execution issues is offered. This digest will be helpful to attorneys, procurement officers, planners, engineers, agency financial officials, administrators, and staff involved in the agency procurement process." -- publisher's website