Price BID Evaluation ক্যাম্নে করে?!
Price bid evaluation involves assessing submitted bids primarily based on price, aiming to identify the lowest-priced bid that meets all the minimum requirements outlined in the tender documents.
1. The Purpose of Price-Based Evaluation:
- The primary goal is to determine the lowest-priced bid that is also "substantially responsive," meaning it meets all the essential requirements of the tender.
- This approach is straightforward and focuses on achieving the best value for money by selecting the lowest price.
2. Key Considerations:
- Bids must meet all the mandatory requirements outlined in the tender documents to be considered.
- Bids must be substantially responsive to the tender requirements to be considered for evaluation.
- The evaluation process should be transparent and fair, ensuring that all bids are assessed objectively.
- The ultimate goal is to achieve the best value for money by selecting the most appropriate supplier.
3. Steps in Price-Based Evaluation:
- Bids are checked to ensure they are complete and meet basic requirements, such as signatures, bid securities, and required documents.
- The price schedule is carefully reviewed to ensure accurate pricing and identify any discrepancies.
- The bids are compared based on price, with the lowest-priced bid being favored, provided it meets all the requirements.
- The contract is awarded to the lowest-priced, substantially responsive bidder.

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