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Productivity and Innovation Fund Research Grant. Best-Value Business Model. Elizabeth Krische December 2013. Personal History. Background: When did you hear about Best-Value? What happened: Y ou took some of the ideas and tested You saw the results that were presented
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Productivity and Innovation Fund Research Grant Best-Value Business Model Elizabeth Krische December 2013
Personal History • Background: • When did you hear about Best-Value? • What happened: • You took some of the ideas and tested • You saw the results that were presented • Where are we at now • Applied for a grant a few months ago • Got accepted!!! • Need to hurry!!!
Partner Institutions • The University of Western Ontario • The University of Waterloo • Queens University • Wilfrid Laurier University • The University of Ottawa
Partnership With ASU • Worldwide experts in best-value procurement • 19 years of application on 1,500+ projects • ASU will guide us, train us, and mentor us • ASU will: • Provide education and training • Provide 12 days of on-site training (centralized and individual university). • Educate key personnel within the institutions as well as vendors. • Assist with preparing critical documents (Advertisement, RFP, Evaluation) • Assist with making modifications based on policies and regulations • Assist the participating universities to develop a strategic plan
Executive Summary • The proposed project will educate, train and support the Procurement Offices in the five participating institutions on an innovative procurement and project management approach, known as the Best Value Business Model (BVBM). • The goal of the project is to provide the Ontario Universities with a new technique for conducting Request for Proposals (RFP) by conducting up to two collaborative projects, available for all universities in Ontario, as well as two or three projects at each of the participating institutions. • Lessons learned from all of these projects will be compiled into a training program for other non-participating universities across Ontario.
Center of Knowledge • The five institutions will develop/become a Center of Knowledge. • By becoming a Centre of Knowledge for the Best Value Business Model (BVBM), Ontario Universities will not only be following best practices but will also be able to drive savings and vendor performance. • The objective being a knowledge transfer, based on lessons learned, with the nonparticipating institutions across Ontario. • By sharing the BVBM with all other nonparticipating Ontario Universities, the concepts can become entrenched in the Ontario University sector and region.