A form of selection in which the best qualified proponent is selected. The price will then be established through negotiation, and award is based on a combination of the best-qualified proponent and negotiated price.

contractual basis for valuing construction work, consisting of a series of descriptive items detailing construction work to be done by a contractor (3.7.6), and against each of which a money value is entered by him or consisting of an officially recognized list of descriptive items detailing construction work and the price

The process by which an owner selects the most qualified respondents or pre-qualified firms to be invited to submit a proposal in response to an RFP.

contractor (10.5) to whom a main contractor (10.7) has contracted part of their work

Substantial Completion means satisfactory accomplishment of sufficient work by acontractor so that the resultant product can be used for its intended purpose.

person or organization that submits a tender (3.7.32)

A form of best value selection in which maximum point values are established for qualitative and price components, and then expressed in the RFP. Award is then made to the proponent with the aggregate highest score for both components.