Automated Best Value System (ABVS)
In government contracting, Automated Best Value System is a calculated formula that assesses
past performance based on quality, delivery and packaging performance. ABVS is an evaluation factor
and may be the basis for award at other than the lowest price. Vendors with no history are scored
999.99 with no negative impact. Maximum possible score is 100. The score is not a percentage.
This was last updated in April 2010
Register now to receive SearchITChannel.com-related news, tips and more, delivered to your inbox.
By submitting you agree to receive email from TechTarget and its partners. If you reside outside of the United States, you consent to having your personal data transferred to and processed in the United States. Privacy