ABOUT THE GPI
The Global Procurement Initiative: Understanding Best Value (GPI) is dedicated to assisting public officials in emerging economies to better understand the total cost of ownership of goods and services for infrastructure projects.
The GPI helps public procurement officials establish practices and policies that integrate life-cycle cost analysis and best-value determination in a fair, transparent manner. Adopting these standards improve governments' capacity to make better-informed decisions that take into account all relevant costs of goods and services over their entire life cycle. This does not only leads to smarter, longer-term investments with overall savings to the government, but also levels the playing field for U.S. firms in international tenders.