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Engaging the economic facts and valuations underlying VfM in public procurement

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Engaging the economic facts and valuations underlying VfM in public procurement. / Lindholm, Anni; Korhonen, Tuomas; Laine, Teemu; Suomala, Petri.

julkaisussa: Public Money and Management, Vuosikerta 39, Nro 3, 2019.

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Lindholm, Anni ; Korhonen, Tuomas ; Laine, Teemu ; Suomala, Petri. / Engaging the economic facts and valuations underlying VfM in public procurement. Julkaisussa: Public Money and Management. 2019 ; Vuosikerta 39, Nro 3.

Bibtex - Lataa

@article{30520cc11616401c9ee1e89ee0b0c3ff,
title = "Engaging the economic facts and valuations underlying VfM in public procurement",
abstract = "This paper examines the possibilities and limitations in pursuing value for money (VfM) in public procurement. There is ambiguity about the VfM concept and the methods that public procurers should be using. It is difficult for decision-makers to thoroughly understand the economic facts and valuations underlying VfM. The authors explain the conceptual VfM challenges and present a path to overcoming these with a lifecycle costing (LCC) approach in an indepth case study in the Finnish waste management context.",
author = "Anni Lindholm and Tuomas Korhonen and Teemu Laine and Petri Suomala",
year = "2019",
doi = "10.1080/09540962.2018.1535049",
language = "English",
volume = "39",
journal = "Public Money and Management",
issn = "0954-0962",
publisher = "Taylor & Francis",
number = "3",

}

RIS (suitable for import to EndNote) - Lataa

TY - JOUR

T1 - Engaging the economic facts and valuations underlying VfM in public procurement

AU - Lindholm, Anni

AU - Korhonen, Tuomas

AU - Laine, Teemu

AU - Suomala, Petri

PY - 2019

Y1 - 2019

N2 - This paper examines the possibilities and limitations in pursuing value for money (VfM) in public procurement. There is ambiguity about the VfM concept and the methods that public procurers should be using. It is difficult for decision-makers to thoroughly understand the economic facts and valuations underlying VfM. The authors explain the conceptual VfM challenges and present a path to overcoming these with a lifecycle costing (LCC) approach in an indepth case study in the Finnish waste management context.

AB - This paper examines the possibilities and limitations in pursuing value for money (VfM) in public procurement. There is ambiguity about the VfM concept and the methods that public procurers should be using. It is difficult for decision-makers to thoroughly understand the economic facts and valuations underlying VfM. The authors explain the conceptual VfM challenges and present a path to overcoming these with a lifecycle costing (LCC) approach in an indepth case study in the Finnish waste management context.

U2 - 10.1080/09540962.2018.1535049

DO - 10.1080/09540962.2018.1535049

M3 - Article

VL - 39

JO - Public Money and Management

JF - Public Money and Management

SN - 0954-0962

IS - 3

ER -