Online auctions: architectural values come under the hammer
Economy; efficiency; transparency: these are the benefits of the reverse electronic auctions currently being championed by the Office of Government Commerce (OGC).The economic argument is compelling.The OGC reports that the use of such auctions in the public sector produces average savings of 25 per cent compared with traditional tender processes, but is keen to reiterate its stated belief that architectural procurement should be based on value rather than cost.
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