Towards the best value tender: The smart assessment tool

Booij, A.; Hillen, M.M.; Santema, S.C.

Towards the best value tender: The smart assessment tool

Title

Towards the best value tender: The smart assessment tool

Author

Booij, A.
Hillen, M.M.
Santema, S.C.

Faculty

Industrial Design Engineering

Department

Product Innovatie Management

Date

2013-12-31

Abstract

SMART formulation is an essential aspect of the Best Value philosophy to demonstrate performance, evaluate proposals and is required for the continuous improvements within organizations. Based on an evaluation of projects that have been tendered with the BVP award mechanism, it was concluded that both for the tender documents, as the interviews in the procurement process, SMART formulation allows for significant improvement. This study proposes the SMART assessment tool, which is a straightforward and effective method to assess tender documents on their degree of SMART formulation and is illustrated by application on the studied tenders.

Subject

Best Value Procurement
BVP
private partys perspective
SMART assessment tool
the Netherlands

To reference this document use:

http://resolver.tudelft.nl/uuid:f8402491-35f8-43da-96b9-3b7401bd2ac4

Publisher

CIB W117

ISSN

1941-191X

Source

Journal for the Advancement of Performance Information and Value, 5 (2), 2013

Part of collection

Institutional Repository