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What is best value in public sector building construction?

Ojiako, Udechukwu; Park, Jun Hong; Williams, Terry; Marshall, Alasdair; Chipulu, Maxwell

Authors

Udechukwu Ojiako

Jun Hong Park

Alasdair Marshall

Maxwell Chipulu

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.

Journal Article Type Article
Publication Date 2014-10
Journal Proceedings of the Institution of Civil Engineers. Management, procurement and law
Print ISSN 1751-4304
Electronic ISSN 1751-4312
Publisher Thomas Telford
Peer Reviewed Peer Reviewed
Volume 167
Issue 5
Pages 209-219
Institution Citation Ojiako, U., Park, J. H., Williams, T., Marshall, A., & 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), 209-219. https://doi.org/10.1680/mpal.13.00026
DOI https://doi.org/10.1680/mpal.13.00026
Keywords Procurement, Business, Project management, Management
Publisher URL http://dx.doi.org/10.1680/mpal.13.00026
Additional Information Author's accepted manuscript of article published in: Proceedings of the Institution of Civil Engineers. Management, procurement and law, 2014, v.167, issue 5 at http://dx.doi.org/10.1680/mpal.13.00026

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