Whole Life Performance Bid Evaluation in the Korean Public Sector

  • Park K
  • Lim H
N/ACitations
Citations of this article
9Readers
Mendeley users who have this article in their library.

Abstract

Over the last several years, Korea has increasingly adopted design-build for public construction projects. There is a much greater awareness of the need to change to a system based on ‘Value for Money’, which is high on the government's agenda. A whole life performance bid evaluation model is proposed to aid decision makers in the selection of a design-builder. This is based on the integration of a framework using an analytic hierarchy process, as the bid awarding system is being changed from one based on the lowest price to one based on best value over the life-cycle. Key criteria such as whole life cost, service life planning and design quality are important through the key stages of the evaluation process. The model uses a systematic and holistic approach, which enables the public sector client to make better decisions in design-builder selection, which will deliver whole life benefits based on long-term cost-effectiveness.

Cite

CITATION STYLE

APA

Park, K. S., & Lim, H.-C. (2012). Whole Life Performance Bid Evaluation in the Korean Public Sector. Journal of the Korea Institute of Building Construction, 12(6), 682–700. https://doi.org/10.5345/jkibc.2012.12.6.682

Register to see more suggestions

Mendeley helps you to discover research relevant for your work.

Already have an account?

Save time finding and organizing research with Mendeley

Sign up for free