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_Topic_2_Tender_Preparation_The_Tendering_Process
_Topic_2_Tender_Preparation_The_Tendering_Process
_Topic_2_Tender_Preparation_The_Tendering_Process
Evaluation of Tenders
The Tender Evaluation Committee (TEC) may consider a Tender as
responsive in the Evaluation, only if it is submitted in compliance
with the mandatory requirements set out in the Tender Document.
The evaluation process should begin immediately after opening of
the tenders and should broadly include four steps:
Preliminary Examination
Technical Examination and Responsiveness
Financial Evaluation and Price Comparison
Post Qualification of the lowest evaluated Responsive
Tender
Notification of Award
Prior to the expiry of the Tender Validity Period and within seven
working days of receipt of the approval of the award by the
Approving Authority, the procuring entity shall issue the Notification
of Award (NOA) to the successful Tenderer.
Performance Security
The Performance Security shall be provided by the successful
Tenderer in the amount specified in the TDS. Within seven days from
the date of acceptance of the NOA but not later than the date
specified therein, the successful tenderer shall furnish the
Performance Security. The Performance Security shall be in the form
of a Bank Draft, pay order or an irrevocable Bank Guarantee in the
format issued by any scheduled bank of Bangladesh acceptable to
the Procuring Entity.
Contract Signing
Within fourteen working days of issuance of NOA, the successful
Tenderer and the Procuring Entity shall sign the contract provided
that the Performance Security submitted by the Tenderer is found to
be genuine.
M. A. SAQIF DEPT. OF CIVIL ENGINEERING SPRING 2018
CE 403 PROFESSIONAL PRACTICES & COMMUNICATION
TENDER PREPARATION & THE TENDERING PROCESS 2-6
INTERESTED
TENDER BIDDER BUY TENDER TENDER
NOTICE TENDER SUBMISSION EVALUATION
DOCUMENT BY TEC
S
OUTCOME OF TENDER EVALUATION
LOWEST
BIDDER NOT OK
APPROVAL
FROM HOPE
M. A. SAQIF DEPT. OF CIVIL ENGINEERING SPRING 2018
CE 403 PROFESSIONAL PRACTICES & COMMUNICATION
TENDER PREPARATION & THE TENDERING PROCESS 2-8
INVITED TO CONTRACT
ISSUE OF NOA
CONTRACT SIGNING
CONTRACTOR