Empirical analysis

The best-value (BV) procurement method has been increasingly used by owners in the context of design–bid–build (DBB) project delivery. The objective of this study was to determine whether a statistically significant difference existed between project performance outcomes (cost growth, schedule growth, and owner’s satisfaction) and the qualifications of the selected contractor as rated by the owner’s evaluation team during the bidding stage. The data sample consisted of 118 DBB vertical institutional