Image for Best Value Audits

Best Value Audits

Best Value Audits are evaluations conducted to ensure that a government agency or organization is obtaining the most efficient and effective results from its purchases or contracts. They assess whether the organization is balancing cost, quality, and service to achieve optimal outcomes, rather than just focusing on the lowest price. The goal is to identify opportunities for improvement, ensure resources are used wisely, and enhance overall performance. These audits help maintain accountability, transparency, and value for public or organizational spending.