Best Value
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.
For orders not requiring a statement of work
Price
- Quality of proposed solution
- Environmental/energy efficiency
- Past performance record
- Maintenance availability
- Probable shelf life
Special features
- Warranty considerations
- Expertise of the offeror
- Trade-in considerations
- Delivery terms
For orders requiring a statement of work
All negotiated pricing
- Prompt payment terms
- Background investigation terms
Qualifications
- Shift differentials
- Past performance record
Note: For orders under the 621 Professional and 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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