Just the Faqs
Is QBS more costly than cost-based procurement?
No. In fact, in the long run, it saves money. Cost-based procurement may sometimes result in a lower initial design cost, but qualifications-based selection generates a better project with lower overall costs - from design through construction to ongoing operation and maintenance. Moreover, the fee for the design professional amounts to only a small percentage - according to Dunns, a leading construction industry publication, less than 1% - of total life-cycle project costs.