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Tendering & Developer Selection >>
Bid Evaluation Report:
While a Comparative Statement can present bidders’ responses in a tabular form, a Bid Evaluation Report based on a numerical rating model can provide much more insight and help in decision making. Bids may be evaluated under different Sections such as the following:

Technical Bid:
1. Technical Aspects of Proposal
2. Status of Firm
3. Projects Completed & Under Construction
4. Financial Capability
5. Adherence to Tender/ Key Requirements
6. Condition & Deviations in the Bid
7. Submission of Required Docs/ Info
8. Approach & Responsiveness
9. Planning (If Plans are requested)

Commercial Bid:
1. Additional Carpet Area for Members
2. Monetary Benefits for Members
3. Costs, Compensations, Reimbursements
4. Securities & Guarantees
5. Conditions & Deviations in the Bid

If a Rating Model is devised, different marks may be assigned to different Sections, and different relative weights may be assigned to different parameters within each Section. Different ratings may be calculated for Technical Bid and Commercial Bid which may also be combined depending on their perceived order of importance.