Bid Evaluation Method

Overview

Bid Evaluation Method screen contains a catalogue of Bid Evaluation Methods, with some predefined, more can be added as required. Users can configure different behaviors of evaluation methods through this entity.

Bid Evaluation Method entity contains the catalogue of Bid Evaluation Methods such as Value for Money, Quality-Cost Based Selection (QCBS), Quality Based Selection (QBS), Least-Cost Selection (LCS), Fixed Budget Selection (FBS), Administrative Evaluation, etc.

 

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Procurement ► Support entities ► Bid Evaluation Method

 

Bid Evaluation Method screen Fields

Field

Description

ID

Unique auto-generated numeric code.

Maximum Technical Weight

The system will validate that Technical Weight Values don’t exceed this value when using the Evaluation Method.

Active

If false, the Bid Evaluation Method cannot be used anymore and it would be there for reference purposes.

Apply Minimum Technical Score

If true, the system will require the Minimum Technical Score in Procurement Document Item Lots.

Apply Overall Technical Weight

If true, the system will require the Overall Technical Weight in Procurement Document Item Lots.

Apply Overall Financial Weight

If true, the system will require the Overall Financial Weight in Procurement Document Item Lots.

Requires Reference Price

If true, the system will validate that the Procurement Requisition Items have the price associated, and will compare such reference price with what the vendors have proposed.

Requires Preliminary Evaluation

If false, the system won’t require the Preliminary Evaluation.

If Financial Evaluation By Lowest Price

If true, the system will suggest an Original Ranked Vendors by lowest price.

Is Administrative Evaluation

Indicates that the Bid Evaluation Method will only be used for Administrative Evaluation.

Is Allows Award To Item Level

Indicates that the Bid Evaluation Method is used for Allow Award to Item Level.

Language

Country Specific Language used to register the description.

Abbreviation

Short Description of the Bid Evaluation Method.

Description

Detailed description of the Bid Evaluation Method.