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Suggested Citation:"Glossary ." National Academies of Sciences, Engineering, and Medicine. 2015. Practices for Developing Transparent Best Value Selection Procedures. Washington, DC: The National Academies Press. doi: 10.17226/22192.
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Page 48

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49 AGC Associated General Contractors of America ATC Alternative Technical Concepts ADOT Arizona Department of Transportation CMAR Construction manager at-risk Caltrans California Department of Transportation CM/GC Construction manager/general contractor D-B Design-build D-B-B Design-bid-build DOT Department of transportation ELOI Expanded Letter of Interest FDOT Florida Department of Transportation GDOT Georgia Department of Transportation IDIQ Indefinite Delivery/Indefinite Quantity MnDOT Minnesota Department of Transportation MDOT Michigan Department of Transportation NHDOT New Hampshire Department of Transportation NYSDOT New York State Department of Transportation ODOT Oregon Department of Transportation PPP or P3 Public-private partnerships QBS Qualification-based selection RFP Request for proposal RFQ Request for qualifications SOQ Statements of qualifications TRC Technical review committee UDOT Utah Department of Transportation VDOT Virginia Department of Transportation WSDOT Washington Department of Transportation GLOSSARY

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TRB’s National Cooperative Highway Research Program (NCHRP) Synthesis 471: Practices for Developing Transparent Best Value Selection Procedures examines practices related to the best value bid approach to procuring highway construction services. Best value procurement is a process to select the most advantageous offer by evaluating schedule, technical merit, management solutions, and past performance in addition to price.

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