Although the lowest bid procurement philosophy has formed the basis of procurement in public sector building construction, for a long time it has arguably resulted in low-quality construction work. In response, construction stakeholders have sought to explore alternative procurement philosophies. One such philosophy is ‘best value’. In this study undertaken in Korea, the authors explore what is best value in public sector building construction. The literature is used to extract best value criteria that are then ranked by a selection of managers involved in procurement of public buildings. Best value was found to be categorised against six main criteria whose relative weightings vary with building type and, by implication, building functionality.
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October 2014
Research Article|
October 01 2014
What is best value in public sector building construction?
Udechukwu Ojiako, PhD;
Udechukwu Ojiako, PhD
Professor of Management, The British University in Dubai, Dubai, UAE and Visiting Professor of Management, Hull University Business School, University of Hull, Hull, UK
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Jun Hong Park, MSc;
Jun Hong Park, MSc
Research Student, Southampton Management School, University of Southampton, Southampton, UK
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Terry Williams, PhD;
Terry Williams, PhD
Professor of Management Science & Dean, Hull University Business School, University of Hull, Hull, UK
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Alasdair Marshall, PhD;
Alasdair Marshall, PhD
Lecturer in Risk Management, Southampton Management School, University of Southampton, Southampton, UK
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Maxwell Chipulu, PhD
Maxwell Chipulu, PhD
Lecturer in Management Science, Southampton Management School, University of Southampton, Southampton, UK and Research Associate, Faculty of Management, University of Johannesburg, Johannesburg, South Africa
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Publisher: Emerald Publishing
Received:
June 02 2013
Accepted:
July 16 2014
Online ISSN: 1751-4312
Print ISSN: 1751-4304
ICE Publishing: All rights reserved
2014
Proceedings of the Institution of Civil Engineers - Management, Procurement and Law (2014) 167 (5): 209–219.
Article history
Received:
June 02 2013
Accepted:
July 16 2014
Citation
Ojiako U, Park JH, Williams T, Marshall A, Chipulu M (2014), "What is best value in public sector building construction?". Proceedings of the Institution of Civil Engineers - Management, Procurement and Law, Vol. 167 No. 5 pp. 209–219, doi: https://doi.org/10.1680/mpal.13.00026
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