Evaluation and Comparison of Bids: Each Technical Bid will be assigned a Technical Score (TS) out of a maximum of 100 marks. (Please note, the bidders are requested to furnish the relevant document in the order it is mentioned in the technical score table for error free scoring of technical marks) 5.3 Financial Bid Evaluation Financial bids of only those bidders who score more than the minimum cutoff points (60) in the technical bid will be opened in the presence of their authorized representatives (Authorization Certificate has to present) If any at a scheduled date and time by the central purchase committee of the University. The financial bid evaluation will take into account the information supplied by the bidders in their commercial proposal. The bidder would provide the financial bid in the format provided. Only fixed price financial bids indicating total price for all the deliverables and service specified in this bid document will be considered. The price quoted would be exclusive of all taxes. Any Conditional bid would be rejected 5.4 Final Evaluation of the Bid A. Commercial Evaluation The BIDDER, whose Technical Score is 60 (sixty) and above only shall qualify for commercial evaluation, and the financial bid of only these bidders will be opened. Composite Evaluation Techno commercial Evaluation: All the bids for which the commercial proposals are opened and which are in order will be evaluated using a composite Techno Commercial Evaluation approach. The weightage given to the Technical and Commercial Proposals are: Technical = for Technical Proposal) Commercial = for Commercial Proposal) Technical Score (TS): The score obtained by the BIDDER in the technical evaluation which should be equal to or more than 60 (sixty). The Commercial Score (CS): The score obtained by the technically qualified BIDDER. The Final Score (FSn) out of the combined Techno commercial evaluation for a particular SP shall be arrived as below: Final Score (FSn) = (TSn x 0.70) + (CSn x 0.30) n Where stands for the BIDDER under consideration
Evaluation and Comparison of Bids: Each Technical Bid will be assigned a Technical Score (TS) out of a maximum of 100 marks. (Please note, the bidders are requested to furnish the relevant document in the order it is mentioned in the technical score table for error free scoring of technical marks) 5.3 Financial Bid Evaluation Financial bids of only those bidders who score more than the minimum cutoff points (60) in the technical bid will be opened in the presence of their authorized representatives (Authorization Certificate has to present) If any at a scheduled date and time by the central purchase committee of the University. The financial bid evaluation will take into account the information supplied by the bidders in their commercial proposal. The bidder would provide the financial bid in the format provided. Only fixed price financial bids indicating total price for all the deliverables and service specified in this bid document will be considered. The price quoted would be exclusive of all taxes. Any Conditional bid would be rejected 5.4 Final Evaluation of the Bid A. Commercial Evaluation The BIDDER, whose Technical Score is 60 (sixty) and above only shall qualify for commercial evaluation, and the financial bid of only these bidders will be opened. Composite Evaluation Techno commercial Evaluation: All the bids for which the commercial proposals are opened and which are in order will be evaluated using a composite Techno Commercial Evaluation approach. The weightage given to the Technical and Commercial Proposals are: Technical = for Technical Proposal) Commercial = for Commercial Proposal) Technical Score (TS): The score obtained by the BIDDER in the technical evaluation which should be equal to or more than 60 (sixty). The Commercial Score (CS): The score obtained by the technically qualified BIDDER. The Final Score (FSn) out of the combined Techno commercial evaluation for a particular SP shall be arrived as below: Final Score (FSn) = (TSn x 0.70) + (CSn x 0.30) Where n stands for the BIDDER under consideration
Digital%20Tender%20DVC%20tender%20%202018%20.docx