Selecting an award mechanism - A support system for buyers

This study is based on procurement processes and focuses on seven award mechanisms: NX Utility Index, Weighted Factor Method, Value Based Awarding, Low Bid Scoring Formula, Log formula, Value for money 50/50 index and Rank on scores in survey. Buyers need to make a choice between the different award mechanisms, which is a crucial element of their procurement process since it will determine which supplier will be contracted. Therefore, support for buyers to make a well-considered choice between the different award mechanisms is provided within this study.