Showing 2 ideas for tag "best value"

Department of Defense

Define “best value” to include the costs of both procurement and disposal

Federal agencies buy more than $500 billion in goods and services annually, but there is no direct link to the cost of disposal. This limits the ability to identify and seize lifecycle cost efficiencies. For example, it's cheaper to buy a chipboard desk than a metal desk, but a broken chipboard desk costs taxpayer money to put in a landfill, while a broken metal desk has cash value as a recyclable material. For... more »

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Department of the Treasury

Improve Best Value Determinations for Procurement

Improve Best Value Determinations for Procurement Challenge - to examine procurement “best value” over time, to organization as a whole, instead of treating each effort individually at a specific point in time. Solution – Provide templates that are easy to build, standardize, available immediately and require little training to quantify upstream and downstream impacts which increase value and decrease costs, over the... more »

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