Evaluation of Commercial Bids नमूना खंड

Evaluation of Commercial Bids. 18.7.1 In this phase, the Commercial Bids of the Bidders, who are found technically qualified in previous phase, will be taken for commercial evaluation for each pocket separately. 18.7.2 The date for opening of commercial bids will be separately advised. 18.7.3 Relative Technical Score (RSTech) of the technically qualified bids would be announced before the representatives of the bidders and the commercial bids of those bidders would be opened for commercial evaluation, for each pocket. 18.7.4 The agency with the lowest commercial bid will be selected for further discussion for finalizing contract for the specific pocket subject to satisfying all the terms and conditions defined in this RfP document. 18.7.5 Relative Commercial Score (RSCom) for each bidder will be calculated as follows: RSCom = CLow / C X 100 Where: RSCom = Relative score for Commercial Bid of the bidder C = Commercial bid value of the bidder under consideration CLow = Lowest commercial bid value out of all the eligible commercial bids obtained. 18.8