b. Lump-Sum 24.1.2 If a Lump-Sum contract form is included in the Contracts RFP, the Consultant is deemed to have included all prices in the Financial Proposal, so neither arithmetical corrections nor price adjustments shall be made. The total price, net of taxes understood as per ITC 25, specified in the Financial Proposal (Form FIN-1) shall be considered as the offered price. Where there is a discrepancy between the amount in words and the amount figures, the amount in words shall prevail. Taxes 25.1 The evaluation of the Financial Client’s Consultant’s Proposal shall exclude taxes and duties in the country in accordance with the instructions in Client’s the Data Sheet. Conversion to For the evaluation purposes, prices shall be converted to a single currency using the selling rates Single Currency of exchange, source and date indicated in the Data Sheet. Combined Quality and Cost Evaluation Quality and In the case of QCBS, the total score is calculated by Cost-Based weighting the technical and financial scores and Selection adding them as per the formula and instructions in (QCBS) the Data Sheet. The Consultant with the Most Advantageous Proposal, which is the Proposal that achieves the highest combined technical and financial scores, will be invited for negotiations. b. Fixed-Budget In the case of FBS, those Proposals that exceed the Selection (FBS) budget indicated in ITC 14.1.4 of the Data Sheet shall be rejected. The Client will select the Consultant with the Most Advantageous Proposal, which is the highest-ranked Technical Proposal that does not exceed the budget indicated in the RFP and invite such Consultant to negotiate the Contract.
b. Lump-Sum Contracts 24.1.2 If a Lump-Sum contract form is included in the RFP, the Consultant is deemed to have included all prices in the Financial Proposal, so neither arithmetical corrections nor price adjustments shall be made. The total price, net of taxes understood as per ITC 25, specified in the Financial Proposal (Form FIN-1) shall be considered as the offered price. Where there is a discrepancy between the amount in words and the amount figures, the amount in words shall prevail. Taxes 25.1 The Client’s evaluation of the Consultant’s Financial Proposal shall exclude taxes and duties in the Client’s country in accordance with the instructions in the Data Sheet. Conversion to Single Currency For the evaluation purposes, prices shall be converted to a single currency using the selling rates of exchange, source and date indicated in the Data Sheet. Combined Quality and Cost Evaluation Quality and Cost-Based Selection (QCBS) In the case of QCBS, the total score is calculated by weighting the technical and financial scores and adding them as per the formula and instructions in the Data Sheet. The Consultant with the Most Advantageous Proposal, which is the Proposal that achieves the highest combined technical and financial scores, will be invited for negotiations. b. Fixed-Budget Selection (FBS) In the case of FBS, those Proposals that exceed the budget indicated in ITC 14.1.4 of the Data Sheet shall be rejected. The Client will select the Consultant with the Most Advantageous Proposal, which is the highest-ranked Technical Proposal that does not exceed the budget indicated in the RFP and invite such Consultant to negotiate the Contract.
Feasibility_Study_Consultancy_Services_RFP_Bidding_Documents_IOP16-2018UCH.docx