What Source Selection Method Will Create ‘Best Value’ for Your Construction Project?

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October 3, 2019

 

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INSIGHTS

CONSTRUCTION

 

What Source Selection Method Will Create ‘Best Value’ for Your Construction Project?

 

When forming a construction contract, owners and developers are working to create an agreement that maximizes the quality of the project and minimizes the time and cost to complete. Source selection, the process by which contractors are selected, is a key aspect of achieving this “best value” — and understanding the circumstances best suited to each source selection method is pivotal to creating an optimized construction contract.

 

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Authors

KEVIN J. MAJOR