In qualifications-based selection, what percentage does project cost account for?

In qualifications-based selection (QBS), project cost does not play a direct role in the initial stages of selecting a contractor or consultant. This selection method focuses primarily on the qualifications, experience, and capabilities of the firms or individuals involved rather than their proposed costs. The rationale behind this approach is to prioritize the quality of work and the expertise of the providers, ensuring that the most suitable candidates are chosen based on their ability to meet the project's needs effectively.

In practice, after the qualifications have been assessed, cost may become a factor during the negotiation phase or contract discussions. However, in the context of the initial selection process, project cost is not directly considered, resulting in the understanding that it accounts for 0% of the qualifications-based selection criteria. Thus, this approach helps ensure that the selected project team can deliver the best outcome, focusing on their qualifications rather than solely on financial aspects.