Choosing the most economically advantageous tender using a multi-criteria decision analysis approach

Purpose The purpose of this paper is to propose and test a multi-criteria decision analysis (MCDA) approach based on an additive value function (AVF) select the most economically advantageous tender under European Union public procurement regulations. Design/methodology/approach A case study in which AVF evaluation model constructed by personnel results original, real-life are compared those discovered MCDA approach. Findings captures preferences authority more reliable transparent manner than commonly used models scoring formulas. Practical implications While procurement, relative formulas can neither present unit accurately nor do they enable bidders draft bids according these preferences. proposed achieve both. Originality/value contribution threefold. First, successful construction with introduced. Second, actual, case. Third, thoughtful comparison features, structures using presented.