TendersAlerts-logo

- How Are Bids Evaluated in Tenders?

Bids submitted in tenders are evaluated through several stages based on specific criteria set by the announcing entity, with the aim of selecting the best offer in terms of quality and cost. Below are the basic steps for evaluating bids in tenders:

1. Technical Evaluation

In this stage, the technical proposal submitted is examined to ensure it matches the tender requirements, and it includes:

  • Reviewing Product or Service Quality: Ensuring the technical specifications of the bids meet the project requirements.
  • Previous Experience: Considering the company's past experiences in executing similar projects, as experience increases the chances of bid acceptance.
  • Technical Capability: Evaluating the company's possession of the necessary technical and human resources to efficiently execute the project.

2. Financial Evaluation

After passing the technical evaluation, the process moves to financial evaluation to ensure the submitted bid aligns with the specified project budget, focusing on:

  • Proposed Costs: Analyzing the costs included in the bid, including resource costs, wages, and administrative expenses.
  • Suitability with the Service or Product: Evaluating the financial offer's fit with the quality and services provided, ensuring appropriate value.

3. Quality and Compliance Standards

The supplier's adherence to quality according to the required time and execution standards are reviewed, including:

  • Quality Standards: Ensuring that the supplier adheres to the quality standards set by the announcing entity, through performance and quality measures.
  • Adhering to Schedule: Evaluating the supplier's ability to execute the project according to the submitted timeline and adhere to deadlines.

4. Comparing Offers

The technical and financial offers of all participants are compared with the aim of balancing quality and cost:

  • Balance Between Quality and Price: Selecting the offer that provides the best value based on achieving acceptable quality within the allocated cost range.
  • Competitive Capability: Selecting the most competitive offer, which achieves the balance between service quality and its price.

5. Final Decision

Based on the technical and financial evaluation, the announcing entity makes the final decision:

  • Selecting the Most Suitable Offer: Choosing the offer that provides the best balance between quality and cost.
  • Communicating with the Winner: After making the decision, the winning supplier is contacted to proceed with contract finalization and execution arrangements.

These steps aim to ensure the selection of the best offer that meets the project needs and provides the best value to the announcing entity in terms of quality and cost.

Tenders Alerts Admin Avatar
Tenders Alerts Platform
Platform Admin
Published at
2024-10-20
Get specific alerts for tenders in your field
Register now
Get full data for market research and competitors
Tenders Alerts Platform Services
  • - Personalized Alerts
  • - Alerts through WhatsApp and Email
  • - Instant Search
  • - Export to Excel
  • - Excel Quantity Tables
  • - Awarding and Proposals Data
  • - Suppliers Data
  • - Complete Data (including what was removed from Etimad)
  • - Preparing Technical and Financial Proposals
Register now

Related Links

More

How Are Bids Evaluated in Tenders?

Learn about the steps and criteria for evaluating bids in tenders, starting from technical and financial evaluation to selecting the most suitable offer that provides the best value in terms of quality and cost.

Read More

Ability to Modify the Bid After Submission in Government Tenders

A guide explaining the circumstances under which a bid can be modified in government tenders, and the conditions that allow for modifications.

Read More

How to Find Open Tenders: A Comprehensive Guide for Suppliers and Contractors

Learn the key methods to find open tenders, including the Etimad platform, government websites, official newspapers, and consulting companies, to increase your chances of participating in and winning projects.

Read More

How to Improve Your Chances of Winning Government Tenders

A comprehensive guide to enhancing your chances of winning government tenders by meeting requirements, offering competitive pricing, and highlighting your past experiences.

Read More

How to Participate in a Government Tender in Saudi Arabia

A comprehensive guide explaining the basic steps to participate in government tenders in Saudi Arabia, starting from registration on the Etimad platform to submitting bids and tracking requests.

Read More

Criteria Used by Government Agencies to Select the Winning Bid

Learn about the main criteria used by government agencies to select the winning bid, including technical quality, financial price, experience, and adherence to the timetable, to ensure obtaining the best value and quality.

Read More

How to Obtain Government Tenders in Saudi Arabia

A step-by-step guide to obtaining government tenders in Saudi Arabia via the Etimad platform, with the essential procedures and documents needed to increase your chances of winning tenders.

Read More

How to Object to Tender Results: Steps and Legal Procedures

A comprehensive guide on the steps to object to tender results, from reviewing objection terms to resorting to specialized legal authorities.

Read More