A TOOL FOR EVALUATING PUBLIC PROCUREMENT IN THE CONTEXT OF LIFE CYCLE COSTS
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68407700%3A21110%2F23%3A00366209" target="_blank" >RIV/68407700:21110/23:00366209 - isvavai.cz</a>
Result on the web
<a href="https://doi.org/10.52950/ES.2023.12.1.006" target="_blank" >https://doi.org/10.52950/ES.2023.12.1.006</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.52950/ES.2023.12.1.006" target="_blank" >10.52950/ES.2023.12.1.006</a>
Alternative languages
Result language
angličtina
Original language name
A TOOL FOR EVALUATING PUBLIC PROCUREMENT IN THE CONTEXT OF LIFE CYCLE COSTS
Original language description
The paper deals with the issue of selection procedures. The goal is to show how it is possible to incorporate a view of life cycle costs into the tender process, and not only deal with the aspect of investment costs. The paper is proposed by the Life Cycle Cost Inspector (LCCI). LCCI divides investment opportunities into individual components with their own operating characteristics and costs, allowing for a clear comparison of different investment alternatives. The tool considers acquisition costs, operating costs, and disposal costs over a specific period. LCCI also allows for reverse evaluation, where investment costs are modified based on efficiency. The tool's universality enables its use across various sectors, not just the construction industry. The author aims to shift public practice from tendering "on price" to "tendering on quality" by providing a simple methodology for comparing investment options based on the entire life cycle costs. The application is based on the Building Cost Information Service (BCIS) standard issued by the Royal Institution of Chartered Surveyors (RICS).
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
20101 - Civil engineering
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2023
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
International Journal of Economic Sciences
ISSN
1804-9796
e-ISSN
1804-9796
Volume of the periodical
7
Issue of the periodical within the volume
1
Country of publishing house
GB - UNITED KINGDOM
Number of pages
11
Pages from-to
133-143
UT code for WoS article
000992820000006
EID of the result in the Scopus database
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