Bidder Public Procurement TCO 
The Procurement School
MAY 27, 2024
Decision-making using Choosing by Advantages (CBA) and that incorporates Total Cost of Ownership (TCO) principals provides customer-centric solutions that pay dividends far beyond initial construction. Bidders add money to bids to avoid potential losses. This risk absorption is directly reflected in bid prices.
The Procurement School
SEPTEMBER 15, 2023
Much has been written about mandatories, but they are to be evaluated on a pass (yes) or fail (no) basis and must relate to the bidders’ ability to provide the requested goods / services. A mandatory is a mandatory and if a bidder fails it generally cannot proceed further. Each organization has its own process.
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