What primary factor does best value procurement aim to enhance?

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Best value procurement is a strategy that focuses on selecting a contractor or vendor not solely based on the lowest price but by considering various aspects of the offer that contribute to the overall quality of the final product or service. The primary aim of best value procurement is to enhance quality while also ensuring that value is maximized over the life cycle of the product or service.

By assessing different factors such as performance history, technical capability, and customer service along with price, best value procurement encourages suppliers to deliver high-quality results. This approach helps organizations achieve their goals more effectively, as it takes into account the total cost of ownership and not just the initial procurement price. Thus, improving the quality of the final product becomes the focal point of this procurement method, ensuring that the chosen solution meets or exceeds expectations, which is crucial for long-term success and satisfaction.

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