As the need to deliver high performing projects at a lowest cost with higher vendor profit increases, the Best Value Approach (BVA) is spreading throughout Europe. In the country of Poland, the non-profit organization, Best Value Procurement (BVP) Polska has
Each government prizes their procurement in equality, non-bias treatment, transparency, and competition. In Europe, their public procurement directives, as interpreted in the case-law, express three guiding principles: transparency, equal treatment, and proportionality. Abiding by these directives is extremely important for
The construction industry has had poor performance over the last decade. The following continue to be issues in the industry: Only 2.5% of construction projects globally have been defined as successful (scope, cost, and schedule). Only 30% of construction projects
Want to see more? Learn more about The Best Value Conference in January>> Management problems have been around since the beginning of time. Even in our day and age with advanced technology, our industries are still plagued with management issues.
Where have all the experts gone? Despite the major improvements of technology in our day and age, experts are harder to find than ever. Procurement agents can rarely find vendors that can deliver projects on time and on budget. There
“Transparency” is a buzz word thrown around in the business world. Many companies focus on creating transparency in hopes of increasing project knowledge sharing, innovation, communication and performance. However, few companies know the true meaning of transparency and fewer understand
Introduction Litigation in the construction industry has become a major impediment to procuring services. Vendors and clients can both spend an exorbitant amount of money trying to settle legal cases but having nothing to show for it in the end.