By considering bid evaluation under different price/non-price weightings and contract values this paper shows how contracting authorities could inadvertently pay too much.
Citation:
Izatt, Janet and Mullett, Timothy L., Money for nothing: how quality-price trade-offs in bid scoring increase the risk of overpaying for public contracts (November 22, 2024). Available at SSRN: https://ssrn.com/abstract=5311162