Best Value
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Best Value: The expected outcome of an acquisition that, in the government’s estimation, provides the greatest overall benefit in response to the requirement.
When determining best value, ordering activities should:
- Identify what factors affect the overall value of the requirement
- Determine the relative importance of individual factors and possible trade-offs in evaluating one over the other
- Consider the differences between Schedule contractors
Consider the following factors when making a best value determination.
Price | Special features |
Quality of proposed solution | Warranty considerations |
Environmental/energy efficiency | Expertise of the offeror |
Past performance record | Trade-in considerations |
Maintenance availability | Delivery terms |
Probable shelf life |
All negotiated pricing | Qualifications |
Prompt payment terms | Shift differentials |
Background investigation terms | Past performance record |
Note: For orders under the 621 Professional & Allied Healthcare Staffing Services Schedule, do not rely on the base FSS price for price reasonableness or best value determination at the order level as the prices are “not to exceed” rates. Instead, you should seek additional discounts.
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