[Adopted 6-16-2014 by L.L. No. 2-2014]
Whenever used in this article, the following terms shall mean:
BEST VALUE
The basis for awarding contracts for services to a responsible
bidder who optimizes quality, cost and efficiency for the Village
based upon objective and quantifiable analysis. Goods procured and
awarded on the basis of best value are those that the purchasing agent
determines will be of the highest quality while being the most cost
efficient.