Research & Innovation

Best-Value Based on Performance

Status:  Complete
Report Date:  09/16/2008

Summary:

This report discusses a Best-Value strategy for increasing the value added to a project for each dollar added. This research helps DOTs select the best contractor for a project, but the results are relevant to academics and practitioners. MnCAST, a computer software, has been developed to help implement this system.

Final Deliverables:

• Best-Value Based on Performance (Report #2008-40)

Related Materials:

Related Research:

• Innovative Contracting Methods - implementation project