Best value procurement incorporates factors other than price into the selection process to improve performance or achieve other specific project goals. Best value contracts do not include engineering, architecture, or surveying contracts. Considerations for best value procurement can include items such as risks in procurement, a firm’s past experience and performance, current project workload, a subcontractor evaluation plan, and life cycle costs.

For each purchase of goods or services or contract awarded using the best value standard, the Contract Services Director or Procurement Director must approve each purchase or contract, ensure that the best value standard used is documented, and acknowledge in writing that TxDOT complied with the

Negotiated Contracts Procedure Manual

and the Texas Comptroller of Public Account’s

Procurement and Contract Management Guide

.