Bid Evaluation
Bid Evaluation
Bid Evaluation
LEARNING OBJECTIVES
1. Understanding the objectives of the Bid
Evaluation
2. Identifying the Evaluation Criteria
3. Identifying the stages Of the Bid
Evaluation
4. Identifying the Bid Evaluation Factors
5. Bid Evaluation Process
BID EVALUATION PROCESS
STAGE -1
TO ASCERTAIN WHETHER THE:
The bidder is eligible
Bid is signed
Bid security
1.
Stage 2
DETAILED EVALUATION OF TENDER
1.Technical Analysis; 2.Commercial Analysis; and
3.Financial Analysis.
Check for arithmetical
DETAILED errors &
EVALUATION
correct Errors will be corrected by the
Employer as follows:
(a) where there is a discrepancy
between the amounts in figures and in
words, the amount in words will
govern;
(b) where there is a discrepancy
between unit rate and line item
total, resulting from multiplying unit
rate by quantity, unit rate as quoted
will govern.
(c) unless this sub-clause is modified in
Bidding Data and if the bid price
decreases by the above procedure, the
amount stated in the Form of Bid shall
be adjusted with the concurrence of the
bidder and shall be considered as
binding upon the bidder;
(D) WHERE THERE IS A DISCREPANCY