University of Twente Student Theses
Budget-driven procurement
Möllemann, D.L. (2018) Budget-driven procurement.
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| Abstract: | The contract award method ‘budget-driven procurement’ (BDP) was investigated by means of a literature review and 16 interviews with field experts. It has been argued that BDP can be a useful method to purchase “maximum quality” within a fixed budget. However, BDP is not a widely used method and – before a change in the European Directives in 2014 – there have been discussions as to whether it is allowed by law or not. This paper covered literature about the (dis-)advantages, requirements and applicability of BDP. The findings show a range of advantges and disadvantages of BDP, of which the disadvantages, as well as an unclear legal status for this method, were found to be the main reasons for a low utilization of BDP. It was concluded, that, even though BDP can be validly utilized in all purchasing situations, it is more applicable in transparent markets, and in innovation-, design-, or service-based purchases. In those situations, and only if the market requirements are met, BDP is likely to highten, or even maximise the quality in tenders. |
| Item Type: | Essay (Master) |
| Faculty: | BMS: Behavioural, Management and Social Sciences |
| Subject: | 85 business administration, organizational science |
| Programme: | Business Administration MSc (60644) |
| Link to this item: | https://purl.utwente.nl/essays/74949 |
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