Implement a Program for Buying on Best Value

Define "best value" and provide regulatory guidance to implement a
program for buying on a best value basis.

By April 1995, the Director, Office of Management and Budget (OMB), in
cooperation with the FAR Council and regulatory agencies, should
formally define the concept of "best value." In doing so, the definition
and related policy and regulatory guidance should be structured so that
it (a) applies to all procurements, (b) fosters the notion that the
government will measure vendor performance and only deal with
contractors who demonstrate a commitment to quality, and (c) promotes
the concept of "value for money." The FAR should be reviewed and
appropriately revised as a part of this effort. In developing FAR
coverage, every effort should be made to minimize complexity and provide
for a streamlined process of making contract awards when price and other
factors are considered in the evaluation process.  Guidance should be
provided on issues such as drafting solicitation language to clearly
communicate the award factors to be considered and their relative
weight, making cost/technical tradeoff decisions, and debriefing
offerors.