- Added Value
Added value in tenders refers to the additional benefits provided by the contractor or supplier to the announcing body, alongside fulfilling the basic project requirements. Added value acts as a preferential factor that helps distinguish competitive bids.
Types of Added Value
- Improving Execution Quality: Providing materials or services of higher quality than required.
- Reduced Costs: Offering an economical bid while maintaining the required quality.
- Innovative Technologies: Using advanced technological solutions to accelerate or improve execution.
- Enhancing Local Content: Employing national workforce or using local materials.
Importance of Added Value
- Achieving Exceptional Objectives: Such as improving efficiency, speeding up delivery, or enhancing sustainable development.
- Enhancing Bid Competitiveness: Suppliers and contractors can improve their chances of winning by offering added value.
- Increasing Announcing Body Satisfaction: By providing services that exceed expectations.
How to Evaluate Added Value
- Setting Criteria: Clarifying the additional benefits that can be assessed in the tender documents.
- Measuring Impact: Analyzing the financial or executional impact of the added value.
- Adding Evaluation Points: Allocating extra points for bids that offer clear added value.
Challenges Associated with Added Value
- Difficulty in Measurement: It can be challenging to determine the true impact of added value.
- Increased Cost: Providing added value might increase overall costs.
- Information Manipulation: Some competitors may claim to offer added value without clear evidence.
Its Role in Tenders
- Encouraging innovation in bidding.
- Improving the quality of project execution.
- Achieving additional strategic objectives such as supporting local content.
Added value is considered an important indicator of competitors' ability to provide innovative and efficient solutions that meet the announcing body's needs in a manner exceeding basic requirements.
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- - Preparing Technical and Financial Proposals
Related Links
- ◾ Bidding in Government Projects
- ◾ Classification Certificates for Tenders
- ◾ Construction Tenders in Saudi Arabia
- ◾ Data Collection and Analysis in Tender Evaluations
- ◾ Are You Eligible to Enter a Tender?
- ◾ construction contract
- ◾ contract templates pdf
- ◾ Preparing Tender Approval Documents
- ◾ Etimad Subscription Fee
- ◾ Local Content Preference
- ◾ operations and maintenance contract
- ◾ Pre-registration in Etimad Tenders
- ◾ supply contract
- ◾ Organizing Unified Procurement via Endorsing Competitions
- ◾ Localization of Saudi Industries
- ◾ Excellence in Government Tender Offers
- ◾ Qualifying for Government Tenders
- ◾ Tender Application Guide
- ◾ What is the benefit of the Etimad Platform?
- ◾ Comprehensive Guide for Government Tenders
- ◾ Legal Compliance in Competition Accreditation
- ◾ Avoid These Mistakes
- ◾ Government Bidding System
- ◾ Etimad Platform for New Companies
- ◾ Pricing Services and Purchases
- ◾ Successful Bids
- ◾ Types of Tenders
- ◾ Regulations and Laws
- ◾ Tenders Guide
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- ◾ Preparing Technical Proposals
- ◾ Tenders and Investment
- ◾ Tender Strategies
- ◾ Electronic and Traditional Tendering
- ◾ tender browsing - Etimad
- ◾ Bid Evaluation in Tenders
- ◾ Modify Bid After Submission
- ◾ Pre-Qualification – Etimad
- ◾ Grievance Escalation – Etimad
- ◾ Tender Grievance – Etimad
- ◾ Finding Open Tenders
- ◾ Improving Winning Chances
- ◾ Bank Guarantees – Etimad Platform
- ◾ Participating in Government Tenders
- ◾ Purchase Tender Docs – Etimad
- ◾ Bid Extension – Etimad
- ◾ Direct Purchase Response – Etimad
- ◾ Post-Qualification - Etimad
- ◾ Tender Inquiries – Etimad Platform
- ◾ Bid Submission – Etimad Platform
- ◾ Financial Claims – Etimad Platform
- ◾ Tender Award Results – Etimad
- ◾ Criteria for Selecting the Winning Bid
- ◾ Obtaining Government Tenders
- ◾ Withdrawing from Direct Purchase Invitation - Etimad
- ◾ Bid Withdrawal – Etimad
- ◾ Objecting to Tender Results
- ◾ Common Mistakes
- ◾ Documents Required for Tenders
- ◾ Steps for Submitting an Offer in a Tender
- ◾ construction contract
- ◾ contract templates
- ◾ operations and maintenance
- ◾ supply contract
- ◾ What are Tenders?
- ◾ Etimad Platform for Government Entities
- ◾ Etimad Platform for Individuals
- ◾ Etimad Platform and Government Tenders
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