Sunday, February 05, 2012
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Bids Evaluation Criteria
The meeting of the Bids Evaluation Committee is convened immediately after opening of the tender and Committee required to complete its evaluation work within few hours the same day, for submission of their report for consideration in the meeting of the Purchase & Price Evaluation Committee. All the Bids are thoroughly scrutinized to ensure that terms and conditions of the tender(s) have been strictly adhered to. The bids which meet the terms & conditions of the tender documents, are responsive and those which do not meet the terms & conditions of the tender are non-responsive.
Important points on which the Committee has to focus during Bids Evaluation are:
Prequalification of bidders.
Appointment of Local Agent and his prescribed particulars
Prescribed particulars of Local/Foreign bidders
Provided required bid money by the Bidder
Prescribed quantity offered
Prices of goods quoted by bidders
Specifications and characteristics of goods
Shipment/delivery schedule.
Mode of Payment
Country of origin
Validity of bids
Mode of shipment / delivery
Pre-shipment Inspection
Age of Vessel
Port of Load
Signature, Name, Designation, date & stamp of the bidder
Tender Information
Tenders
Pre-Qualified Bidders
Bids Evaluation Criteria
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