WHOLE LIFE COSTING PRACTICES EMPLOYED BY DESIGN TEAMS OF BUILDING CONSTRUCTION PROJECTS IN ABUJA, NIGERIA
ABSTRACT The Bureau for Public Procurement (BPP), which was established by the Public Procurement Act of 2006 to oversee the procurement of public projects through inter-alia the application of Value for money (VfM) practices, has admitted that “…lowest initial price may not equate to lowest cost over the operating life of the item procured”. The application of Whole Life Costing (WLC) in building projects is still limited and there is ...
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