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Episode 7 – Lowest Cost vs Best Value: How Capital Committees Decide

Episode 7 – Lowest Cost vs Best Value: How Capital Committees Decide

Facilities Forward with Benchmark
• 14 min
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In this episode we explore how pavement decisions are evaluated at the capital committee level, including tradeoffs between first cost, lifecycle value, risk, and predictability. It clarifies how “lowest cost” often differs from “best value.”