TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

best-value acquisition [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2004-09-27

English

Subject field(s)
  • Government Contracts
OBS

The Federal Acquisition Regulation (FAR) allows for purchase of a product that is not lowest cost if there is a compelling reason that the higher cost item is the best value for the Government.

OBS

best value: an assessment of the return which can be achieved when based on the life cycle costs of that item.

French

Domaine(s)
  • Marchés publics
OBS

meilleur rapport qualité-prix : évaluation du rendement réalisable en fonction des coûts du cycle de vie de l'article en cause.

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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