Bid evaluation decides on the preferred supplier for meeting the customer's requirements. Deciding on a particular supplier is not an easy task, especially if we are working in a matrix environment where the procurement role is more of a support role. There are then several steps to complete the bid evaluations.
4.1 Types of Bid Evaluations
As discussed earlier, just as there are types of bidding methods (i.e., single-part and two-part bids), bid-evaluation steps depend on the bidding method. Who will evaluate the bidder's offer is based on the following bidding methods:
4.1.1 Evaluations of Single-Part Bids
The buying organization has asked for single-part bids from the bidder, which are techno-commercial offers ...