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What is bidding and what are the stages of bidding?
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Bidding is the submission of offer against the notice inviting tender. Government organization evaluates the process of bidding in two stages. They are-: i) Technical Evaluation- In this the government organization satisfies that the bidder qualifies the pre-qualification criteria. Then only the
Bidding is the submission of offer against the notice inviting tender. Government organization evaluates the process of bidding in two stages. They are-: i) Technical Evaluation- In this the government organization satisfies that the bidder qualifies the pre-qualification criteria. Then only the bidder is allowed to proceed to price evaluation. ii) Price Evaluation. The above two-stage evaluation is called two-part bidding process. There is also a single stage bidding process where only price evaluation is there, but it is not common nowadays. ----------------------------------------------------------------------------------------------------------- To get some free sample material visit: https://courses.lawsikho.com/courses/online-course-government-tender-management-law-regulations/ ----------------------------------------------------------------------------------------------------------- View the full playlist: - Government Contracts,Tender Management and Regulations https://www.youtube.com/playlist?list=PLzs5G6XyVgrezpzhD5aqRxJXdPcl56y63 Follow us to stay updated about legal matters and regulations! Linkedin: https://www.linkedin.com/company/ipleaders-in/ Facebook: https://www.facebook.com/iPleaders/ Twitter: https://twitter.com/lawsikho?lang=en