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The two bid stages are as follows:
1) Technical Evaluation Stage: The first stage is the technical capability of the bidder in terms resources (equipment and manpower) and past working experience profile of the Company etc are evaluated.
2) Commercial Evaluation Stage: The second stage is the commercial bid price quoted by the bidder for execution of the subject job.
A two stage bid is used by organisation especially when you know your bid is going to invite numerous respondents.
Thus two stage bid is to narrow down the respondents from a large pool
The first stage would typically to assess the clients expertise in the domain and capability for execution, similar executed projects and resourse pool. In addition they would want to know your financial background over all stability of the organisation.
Once they choose the participants for the next stage , this stage would involve more specific solution to problem, commericals and project plan etc
If it was Bid Stages, then the answer would be, for the two stages as Vendor Pre-Qualification stage and Bidding/Tendering stage.
However, it is understood that the investigator is seeking the answer for Bid Evaluation Stages instead of Bid Stages. That is what is interpreted by the answer from Mr. Zubair Zahoor. Technical Evaluation stage and Commercial Evaluation stage.
2- Part bid is resorted to to avoid non-competent contractors to bag the conract on the basis of lowest price. The1st part is for bidder qualification which will be opened first. There are mainly two qualification criteria. one is to asess the financial ability of the bidder to undertake the work and second is the technical competency & execution experience and resources to successfully complete and commission the project. The second part the Compliance to technical spec and price bid. Only Prequalified bidders price bid will be opened.
The first stage is the technical capability of the bidder in terms resources (equipment/Plant and manpower) and past working experience profile of the Company etc are evaluated. The second stage is the Financial bid, price quoted by the bidder for execution of the subject work
Two stage Bidding is used when Client intends that Technically qualified and experienced vendors shall take part in further process. This eliminates risk of less qualified bidder ending up with under quote and putting the project at risk.
the first is a technical and the second is commercial provided the the first is accepted
