Evaluation Process. Offers will be evaluated in the following stages: Offers will be evaluated against the stipulated minimum eligibility criteria. Offers not complying with the eligibility criteria will be rejected summarily. A technical evaluation of proposals will be carried out. Offers received without fulfilling the following conditions shall not be evaluated.
(a) If offer is incomplete and/or not accompanied by all stipulated document
(b) If any of the terms and conditions stipulated in this document is not accepted and Letter as per Annexure - I is not submitted. Short-listing of Service Providers based on the technical evaluation. Product demonstration of the makes and model submitted by the respective Service Provider will be done by the service provider. Opening of commercial Bids of only those Service Provider whose product have qualified after product demonstration. Intimation to this effect would be given by emails to shortlisted bidders.
Evaluation Process. 7.1.1. The Bank has adopted a two (2) step processes in which the Bidder has to submit following bids in separate files at the time of submission of bids as stipulated in this document.
a) Eligibility Criteria and technical bid
b) Commercial Bids
Evaluation Process. 18.1.1 The Bank has adopted a three (3) bid processes in which the Bidder has to submit following bids in separate envelopes at the time of submission of bids as stipulated in this document.
i. Minimum Eligibility Criteria
ii. Technical Bid (includes presentation)
iii. Commercial Bid
18.1.2 The Bank shall evaluate first the ‘Eligibility Criteria’ bid and based on its evaluation, ‘Technical Bids’ shall be evaluated at the second stage. ‘Commercial bids’ shall be opened for only the shortlisted bidders out of technical evaluation. The final selection will be done based on Quality cum Cost Based System (QCBS) wherein Relative Technical Bid Score will get a weightage of 75% and Relative Commercial Bid Score will get a weightage of 25%.
18.1.3 The evaluation by the Bank will be undertaken by a Committee of officials or/and representatives formed by the Bank and its decision will be final.
18.1.4 Normalization - SIDBI reserves the right to go for normalization process after technical evaluation and accordingly may request all the bidders to submit revised bid (technical or commercial or both) to avoid any possible ambiguity in evaluation process or make apple-to-apple comparison or to bring further transparency in the evaluation process.
Evaluation Process. 7.1.1. The Bank has adopted a three (3) bid processes in which the Bidder has to submit following bids in separate envelopes at the time of submission of bids as stipulated in this document.
a) Eligibility Criteria
b) Technical Bid
c) Commercial Bids
7.1.2. The Bank shall evaluate first the ‘Eligibility Criteria’ bids and based on its evaluation, ‘Technical Bids’ shall be undertaken for evaluation at the second stage. ‘Commercial bids’ shall be opened for only the shortlisted bidders out of technical evaluation. The final selection will be done based on Quality cum Cost Based System (QCBS) wherein Relative Technical Bid Score will get a weightage of 70% and Relative Commercial Bid Score a weightage of 30%.