What is best value in public sector building construction?
What is best value in public sector building construction?
Although the lowest bid procurement philosophy has formed the basis of procurement in public sector building construction, for a long time it has arguably resulted in low-quality construction work. In response, construction stakeholders have sought to explore alternative procurement philosophies. One such philosophy is ‘best value’. In this study undertaken in Korea, the authors explore what is best value in public sector building construction. The literature is used to extract best value criteria that are then ranked by a selection of managers involved in procurement of public buildings. Best value was found to be categorised against six main criteria whose relative weightings vary with building type and, by implication, building functionality
209-219
Ojiako, Udechukwu
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Park, Jun Hong
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Williams, Terry
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Marshall, A.
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Chipulu, M.
12545803-0d1f-4a37-b2d2-f0d21165205e
1 October 2014
Ojiako, Udechukwu
ba4aa342-5408-48d7-b71d-8197388bbb80
Park, Jun Hong
1eebac82-09ab-4c23-a5a0-092240925871
Williams, Terry
085e6e3e-f94e-435c-936e-82fb0c5c4ae8
Marshall, A.
93aa95a2-c707-4807-8eaa-1de3b994b616
Chipulu, M.
12545803-0d1f-4a37-b2d2-f0d21165205e
Ojiako, Udechukwu, Park, Jun Hong, Williams, Terry, Marshall, A. and Chipulu, M.
(2014)
What is best value in public sector building construction?
Proceedings of the Institution of Civil Engineers - Management, Procurement and Law, 167 (5), .
(doi:10.1680/mpal.13.00026).
Abstract
Although the lowest bid procurement philosophy has formed the basis of procurement in public sector building construction, for a long time it has arguably resulted in low-quality construction work. In response, construction stakeholders have sought to explore alternative procurement philosophies. One such philosophy is ‘best value’. In this study undertaken in Korea, the authors explore what is best value in public sector building construction. The literature is used to extract best value criteria that are then ranked by a selection of managers involved in procurement of public buildings. Best value was found to be categorised against six main criteria whose relative weightings vary with building type and, by implication, building functionality
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Published date: 1 October 2014
Organisations:
Southampton Business School
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Local EPrints ID: 372080
URI: http://eprints.soton.ac.uk/id/eprint/372080
ISSN: 1751-4304
PURE UUID: 4f2fa9fb-eae6-483d-9115-19d2efceb376
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Date deposited: 27 Nov 2014 11:58
Last modified: 15 Mar 2024 03:33
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Contributors
Author:
Udechukwu Ojiako
Author:
Jun Hong Park
Author:
Terry Williams
Author:
M. Chipulu
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