Which of the following is NOT an example of procurement methods?

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Multiple Choice

Which of the following is NOT an example of procurement methods?

Explanation:
The main concept is how owners select teams for a project. QBS, Best Value, and Low Price are established procurement methods that define the process and criteria used to evaluate proposals and choose the winner. Unit Price, however, is a pricing approach used during contract execution to price work based on quantities; it doesn’t describe how a team is selected. So while unit prices may appear in the contract for paying quantities of work, they do not constitute a procurement method for selecting design-build teams.

The main concept is how owners select teams for a project. QBS, Best Value, and Low Price are established procurement methods that define the process and criteria used to evaluate proposals and choose the winner. Unit Price, however, is a pricing approach used during contract execution to price work based on quantities; it doesn’t describe how a team is selected. So while unit prices may appear in the contract for paying quantities of work, they do not constitute a procurement method for selecting design-build teams.

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