Please use this identifier to cite or link to this item: https://dair.nps.edu/handle/123456789/1756
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dc.contributor.authorFrancois Melese
dc.contributor.authorJames Fan
dc.date.accessioned2020-03-16T18:01:07Z-
dc.date.available2020-03-16T18:01:07Z-
dc.date.issued2019-05-13
dc.identifier.citationPublished--Unlimited Distribution
dc.identifier.urihttps://dair.nps.edu/handle/123456789/1756-
dc.descriptionAcquisition Management / Defense Acquisition Community Contributor
dc.description.abstractThis paper offers an economic model to assist public procurement officials to rank competing vendors when benefits cannot be monetized. An important defense application is "source selection" choosing the most cost-effective vendor to supply military equipment, facilities, services, or supplies. The problem of ranking public investment alternatives when benefits cannot be monetized has spawned an extensive literature that underpins widely applied decision tools. The bulk of the literature, and most government-mandated decision tools, focus on the demand side of a public procurement. The Economic Evaluation of Alternatives (EEoA) extends the analysis to the supply side. A unique feature of EEoA is to model vendor decisions in response to government funding projections. Given a parsimonious set of continuously differentiable evaluation criteria, EEoA provides a new tool to rank vendors. In other cases, it offers a valuable consistency check to guide government supplier decisions.
dc.description.sponsorshipAcquisition Research Program
dc.languageEnglish (United States)
dc.publisherAcquisition Research Program
dc.relation.ispartofseriesAcquisition Management
dc.relation.ispartofseriesSYM-AM-19-066
dc.subjectSource Selection
dc.subjectEconomic Evaluation of Alternatives EEoA
dc.subjectPublic Procurement
dc.subjectMonetized
dc.titleRethinking Government Supplier Decisions: The Economic Evaluation of Alternatives (EEoA)
dc.typeArticle
Appears in Collections:Annual Acquisition Research Symposium Proceedings & Presentations

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