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What are tender reward criteria?

Tender reward criteria: The Most Economically Advantageous Tender / Best Price-Quality Ratio in Tenders

Introduction

In the world of tenders, there is a growing focus on sustainability and stimulating innovative solutions. Traditionally, the award of a contract was mainly determined by the lowest price. However, with the rise of sustainability goals and the desire to add value to projects, there is a shift towards a more holistic approach to procurement. In this article, we focus on EMVI/BPKV (Most Economically Advantageous Tender/Best Price-Quality Ratio), a tendering method that emphasizes more than just price, and look at its benefits and applications. 

What are stimulative weighted award criteria? 

Stimulative weighted award criteria is a tendering methodology in which the award criteria are not based exclusively on the lowest price but on the most economically advantageous tender with the best price-quality ratio. In other words, the contracting party not only assesses the price of the tenders, but also the quality, sustainability, and innovation that a tender offers. The aim is to maximize the total value of the project and to stimulate sustainable solutions. 

Advantages of stimulative weighted award criteria: 

The stimulus for innovation: award criteria encourages tenderers to come up with innovative solutions. It goes beyond the standard procurement process, focusing on creativity and delivering added value. 

Promoting sustainability: With stimulative weighted award criteria, sustainability objectives can be integrated into the tendering process. Tenderers are encouraged to offer environmentally friendly, energy-efficient, and circular solutions. 

Guaranteeing quality: stimulative weighted award criteria ensures that quality is not sacrificed in favor of price. The tenders are assessed based on various criteria, including the quality of the plan, the expertise of the tenderer, and the added value for the project. 

Total costs over the life cycle: EMVI/BPKV offers the possibility to look not only at the initial costs but also at the costs over the entire life cycle of the project. This includes maintenance costs, energy consumption, sustainability aspects, and other factors that influence the total value. 

Applications of stimulative weighted award criteria: 

stimulative weighted award criteria is increasingly being used in various sectors, including construction, infrastructure, energy, and environmental projects. It is used in both government procurement and the private sector. Projects in which sustainability, innovation, and quality are central are ideally suited for the application of stimulative weighted award criteria. Examples are building energy-efficient buildings, developing green infrastructure, and implementing sustainable mobility solutions. 

Conclusion

Stimulative weighted award criteria is a tendering methodology that looks beyond price alone and rewards the most economically advantageous tender with the best price-quality ratio. It stimulates innovation, promotes sustainability, and guarantees quality. By applying stimulative weighted award criteria, contracting parties can optimize the total value of projects and contribute to a more sustainable and innovative society. With the growing focus on sustainability and corporate social responsibility, stimulative weighted award criteria is expected to continue to play an important role in the future of tenders.