Tender Bids Evaluation in the Context of Value-Based Management

Assessments in public procurement procedures

“…In particular, [3] analyze scoring formulas and abnormally low bids criteria in several countries, while [18] study how to assess abnormally low bids by means of a statistical approach. Mielcarz et al [30] present a procedure of tender bids evaluation base on value management. This procedure consists of two steps.…”