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Project Procurement: A Real-World Guide for Procurement Skills by Ajay Bhargove

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CHAPTER

4

Bid Evaluation

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 ...

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