Bidding Process

Bid Stages

๐๐ก๐š๐ฌ๐ž ๐ˆ: ๐๐ซ๐ž-๐›๐ข๐ ๐ฌ๐ญ๐š๐ ๐ž

๐Ÿ. ๐๐ซ๐ž๐ช๐ฎ๐š๐ฅ๐ข๐Ÿ๐ข๐œ๐š๐ญ๐ข๐จ๐ง

Check vendor capability to execute job bidding for, ask for details about:
1. Number of qualified staff crucial for project execution
2. Certificates & government approvals
3. Equipment in possession
4. Previous successful similar projects
5. Bidderโ€™s financial capacity/reports
6. Certificates of good standing from banks
7. Bank guarantees (pre-approval letters)

Based on this screening data, determine whether bidder is capable of doing job

๐๐ก๐š๐ฌ๐ž ๐ˆ๐ˆ: ๐๐ข๐ ๐ฌ๐ญ๐š๐ ๐ž

๐Ÿ. ๐“๐ž๐œ๐ก๐ง๐ข๐œ๐š๐ฅ ๐›๐ข๐

Contain project details related to how it will be executed from technical point of view
1. How bidder plan to execute project
2. Detailed materials specs or equipment part of quote
3. Execution timeframe

๐Ÿ‘. ๐‚๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ข๐š๐ฅ ๐›๐ข๐

Proposal that Contractor submit to Client to offer service for particular job, usually includes
1. Name & address of offeror to be mentioned on cover without fail
2. Financial details
3. Shall not include any conditions attached to it & any such conditional financial proposal shall be rejected summarily.

๐๐ก๐š๐ฌ๐ž ๐ˆ๐ˆ๐ˆ: ๐ฉ๐จ๐ฌ๐ญ-๐›๐ข๐ ๐ฌ๐ญ๐š๐ ๐ž

๐Ÿ’. ๐๐ž๐ ๐จ๐ญ๐ข๐š๐ญ๐ข๐จ๐ง๐ฌ

-Bid cover is opened later on date & time intimated to bidders who qualify in evaluation of technical Bids
-Financial Bid of prospective Bidder will be considered only if Techno Commercial Bid of bidder is found qualified by Tender Committee
-Financial Bid is opened in presence of bidders who wish to be present
-e-mail confirmation will be sent to all eligible bidders
-Financial Bid/ Price-bid of highest bidder wonโ€™t be revealed at this stage
-Eligible bidders will be allowed to participate in e-auction as per scheduled date & time mentioned in data sheet
-Financial Bid wonโ€™t be opened on day of opening of Technical Bids

๐Ÿ“. ๐‚๐จ๐ง๐ญ๐ซ๐š๐œ๐ญ๐ข๐ง๐ 

Formal Approval will be granted, selected/Not selected bidders will be formally notified, lessons learned will be documented, legal formalities will follow

Leave a Reply

Your email address will not be published. Required fields are marked *