Best Value

Best Value
England, Wales
A statutory framework that ensures that councils are required to plan, deliver and continuously improve local authority services. Each local authority has a duty to make arrangements to secure continuous improvement in the way in which its functions are exercised, having regard to a combination of economy, efficiency and effectiveness". Best Value replaced the previous Compulsory Competitive Tendering (CCT) regime.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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