Bidder
evaluation criteria
Construction
companies are looking into a project often collect bids from several
contractors. They are looking for the best price, technical content, and
commercial consideration, should be made so that the best available offering is
chosen for award. The Contracting authority needs to determine early on how it
select the winning bidder. The bidder must be determined responsible as
follows.
Pre-Qualification
Firms
interested in the project are required to establish technical competence and
financial viability. The purpose is to limit the field of applicants to those
that meet the minimum requirements for participating in a competitive award
process.
Evaluation
of Technical Proposals
Bidders
submit technical proposals detailing how they would fulfill the contract and
providing additional information on their financial and technical capacity.
Financial
Resources
The
bidder must have adequate financial resources to perform the contract, or the
ability to obtain them.
Performance
Schedule
The
bidder must be able to comply with the performance schedule, required or
proposed delivery, taking into consideration all existing commercial and
governmental business commitments.
Performance
Record
The
bidder must have a satisfactory performance history, if any. Nevertheless, a
prospective contractor shall not be determined responsible or non-responsible
solely because of a lack of relevant performance history, except when specified
in a standard for special acquisitions.
Integrity
and Ethics
The
bidder must have a satisfactory record of integrity and business ethics
including satisfactory compliance with laws related to taxes, labor and
employment, environment, antitrust, and consumer protection.
Construction
Machinery
The
bidder must have the necessary technical equipment and facilities for
production or construction, or ability to obtain them.
Organization
and Skills
The
bidder must have the necessary organization and skills, experience, accounting
and operational controls, and technical skills, or the ability to obtain them.
Other
Qualification
The
bidder must be otherwise qualified and eligible to receive an award under
applicable laws and regulations.
Bidder
evaluation criteria is also known as: bidder Responsibility Determination,
contractor responsibility determination, vendor responsibility determination,
bidder evaluation worksheet.