Common use of Selection Method Clause in Contracts

Selection Method. A successful bidder will be selected on the basis of Least cost based (LCBS) method of evaluation. There would be separate evaluation for each delivery channel category as mentioned in Financial Bid format. a) Lowest financially evaluated and technically responsive bidder shall be considered as L1 bidder for each delivery channel. b) All the submitted response shall be scrutinized on the basis of information and supporting documents submitted by the bidder under this RFP. c) In order to decide L1 for each delivery channel sperately, weighted Total and Grand Total shall be calculated as per the formula mentioned in cluase “Evaluation & Tabulation of Financial Bids” of the RFP. d) Rest of the bidders other than L1 shall be asked to match the L1 rates.

Selection Method. A successful bidder will be selected on the basis of Least cost based (LCBS) method of evaluation. There would be separate evaluation for each delivery channel category as mentioned in Financial Bid format. a) Lowest financially evaluated and technically responsive bidder shall be considered as L1 bidder for each delivery channel. b) All the submitted response shall be scrutinized on the basis of information and supporting documents submitted by the bidder under this RFP. c) In order to decide L1 for each delivery channel sperately, weighted Average Total and Grand Total for each category shall be calculated as per the formula mentioned in cluase clause “Evaluation & Tabulation of Financial Bids” of the RFP. d) Rest of the bidders other than L1 shall be asked to match the L1 rates.