Responsible award decisions should consider price and total life-cycle cost (TCO) to capture acquisition, operation, maintenance, and end-of-life costs, aligning with sustainability. Other items may inform due diligence but are not, by themselves, robust award criteria without being translated into measurable value and risk outcomes.
[Reference: CIPS L4M4 Study Guide (v2): LO “Implementation” – evaluation and award; TCO and sustainability in criteria setting., , ]
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