What goes into the Tender Evaluation Process

The process of evaluating tender begins with the submission of the contractor’s response to the Invitation to tender. It makes an offer to supply the asked goods and services as per the requirement of the tender implementing agency. once the tenders are being submitted the process of careful assessment begins to select the preferred contractor for the project. This process is known as tender evaluation or sometimes tender adjudication.
Although the initial evaluation of the offer is reviewed at the time of the bid openings.

But a detailed evaluation or examination is done after the offers are received in compliance with the solicitation document.

Here is a short video explaining the tender evaluating process especially for those who are new to the tendering world.

Did you find the information relevant? you can always share your valuable comments with us on communication@tendersinfo.com and for any enquirers relating to bid assistance you can write your details at bid.advisory@tendersinfo.com

 

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