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The National Academies

NCHRP Synthesis 20-05/Topic 45-02 [Final (Synthesis)]

Practices for Developing Transparent Best Value Selection Procedures
[ NCHRP 20-05 (Synthesis of Information Related to Highway Practices) ]

  Project Data
Funds: $40,000
Authorization to Begin Work: 5/3/2013 -- estimated
Staff Responsibility: Jo Allen Gause
Research Agency: Keith Molenaar, LLC.
Principal Investigator: Keith Molenaar
Completion Date: 3/5/2015
Fiscal Year: 2013

TRB’s National Cooperative Highway Research Program (NCHRP) Synthesis 471: Practices for Developing Transparent Best Value Selection Procedures examines practices related to the best value bid approach to procuring highway construction services. Best value procurement is a process to select the most advantageous offer by evaluating schedule, technical merit, management solutions, and past performance in addition to price.

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