State of Hawaii selects "best value" by artificial intelligence

Dean T. Kashiwagi, Richard E. Mayo

    Research output: Contribution to journalArticle

    6 Citations (Scopus)

    Abstract

    There is a growing movement in the construction industry away from procurement through traditional low-bid methods toward performance based or best value procurement. Until now, the one-step and two-step methods have been the two major types of best value procurement. The major difficulty with both systems is finding an unbiased way to evaluate the value of performance. This article explores the procurement of construction services by the State of Hawaii, using an artificial intelligence performance information procurement system (PIPS) to identify best value. A best value environment is one in which contractors optimize both price and performance.

    Original languageEnglish (US)
    Pages (from-to)38-43
    Number of pages6
    JournalCost Engineering (Morgantown, West Virginia)
    Volume43
    Issue number4
    StatePublished - Apr 2001

    Fingerprint

    Construction industry
    Contractors
    Artificial intelligence
    Information systems

    Keywords

    • Artificial intelligence (AI)
    • Best value
    • Performance based procurement
    • Performance information procurement system (PIPS)

    ASJC Scopus subject areas

    • Industrial and Manufacturing Engineering

    Cite this

    State of Hawaii selects "best value" by artificial intelligence. / Kashiwagi, Dean T.; Mayo, Richard E.

    In: Cost Engineering (Morgantown, West Virginia), Vol. 43, No. 4, 04.2001, p. 38-43.

    Research output: Contribution to journalArticle

    Kashiwagi, Dean T. ; Mayo, Richard E. / State of Hawaii selects "best value" by artificial intelligence. In: Cost Engineering (Morgantown, West Virginia). 2001 ; Vol. 43, No. 4. pp. 38-43.
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