In Best Value procurement, which selection criteria are price and non-price factors?

• A. Best Value
• B. Low Bid
• C. Quickest delivery
• D. Time and Cost

Answer: (A)

Best Value procurement uses both price and non-price factors in evaluating proposals. This approach recognizes that the best overall value to the owner comes from balancing cost with aspects like technical merit, project approach, past performance, constructability, schedule, safety, and risk. Because the decision weighs price alongside these other criteria, the award goes to the proposal that offers the best overall value, not merely the lowest price. Methods that focus only on price (low bid) or emphasize speed alone don’t capture the broader value that Best Value seeks to achieve.