engleski

Renew or repair existing window units? A best value approach

The movement in the UK public sector away from the culture of accepting the lowest tender bid towards best value and value for money assessments has presented client organisations with a golden opportunity to consider the time value of money throughout the life of a building project. However decisions of choice based on quality issues as well as capital cost have given rise to problems within the public sector, leading to financial loss for client organisations in instances where they have failed to adhere to statute or regulatory codes requiring the evaluation processes to be both transparent and auditable. A new approach to decision making is required, therefore, to reflect the analysis of best value criteria. An innovative research methodology for the evaluation of best value criteria in the UK has been developed to address this issue based on the underlying principles of value management, whole life costing and multi criteria decision making. This paper outlines the practical use of the support tool in assisting a Registered Social Landlord to use the principles of Best Value in choosing between either repairing or renewing the existing metal window units within its housing stock of over 15000 dwellings.

Uncertainty; reasonableness; multi criteria decision making; life cycle costing; value threads

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