The IT Law Wiki
The IT Law Wiki

Definition[]

U.S. government[]

Best value is

[t]he expected outcome of an acquisition that, in the Government’s estimation, provides the greatest overall benefit in response to the requirement.[1]

References[]

  1. GSA, A Guide to Planning, Acquiring, and Managing Information Technology Systems, at A-1 (Ver. 1 Dec. 1998) (full-text).