Evaluation of Tender Offers. The Standard Conditions of Tender standardize the procurement processes, methods and procedures from the time that tenders are invited to the time that a contract is awarded. They are generic in nature and are made project specific through choices that are made in developing the Tender Data associated with a specific project. Conditions of tender are by definition the document that establishes a tenderer’s obligations in submitting a tender and the employer’s undertakings in soliciting and evaluating tender offers. Such conditions establish the rules from the time a tender is advertised to the time that a contract is awarded and require employers to conduct the process of offer and acceptance in terms of a set of standard procedures. The CIDB Standard Conditions of Tender are based on a procurement system that satisfies the following system requirements: Requirement Qualitative interpretation of goal Fair The process of offer and acceptance is conducted impartially without bias, providing simultaneous and timely access to participating parties to the same information. Equitable Terms and conditions for performing the work do not unfairly prejudice the interests of the parties. Transparent The only grounds for not awarding a contract to a tenderer who satisfies all requirements are restrictions from doing business with the employer, lack of capability or capacity, legal impediments and conflicts of interest. Competitive The system provides for appropriate levels of competition to ensure cost effective and best value outcomes. Cost effective The processes, procedures and methods are standardized with sufficient flexibility to attain best value outcomes in respect of quality, timing and price, and least resources to effectively manage and control procurement processes. The activities associated with evaluating tender offers are as follows:
Evaluation of Tender Offers
