The core governing procurement principle of the UN is to obtain the best value for money. However, best value for money should not be equated with the lowest price option.

Procurement under the Best Value for Money principle is conducted taking various other factors into account, while also ensuring that decision-making occurs in an accountable and transparent manner.

Roll the mouse over the titles to learn about the factors taken into consideration to determine the Best Value for Money.

Click the Online PM to read more about the Best value for Money principle.