From Buyers Manual
The provision of the right goods and services from the right source, of the right quality, at the right time, delivered to the right place and at the right price (judged on whole life costs and not simply initial costs) As the public sector uses the public purse, government guidance ensures that value for money is a factor in awarding a tender so a contract will not just be awarded on price alone. Badges of credibility such as health and safety, insurance levels and in-house policies and procedures may hold a lot of weight in the assessment process.
