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Your vendors have submitted their proposal with a price. Which of the following is a technique to check the proposal?

pricing

A.  Evaluation criteria 

B.  Independent estimates 

C.  Seller rating system 

Contract negotiation

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Question ajoutée par Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date de publication: 2016/07/02
mamoun mokhtar
par mamoun mokhtar , general manager , albyan technical foungary

price against quality in the sense that what is the price / service period , for clarification let me assume that iam going to purchase engine oil then i will look for how many hours this engine oil is servicing  me before i change it again then the criteria of selection is price / working hours

Muhammad Farooq
par Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.

 The most suitable answer is option B. Independent estimates 

Krishna   KHASANIS  PMP
par Krishna KHASANIS PMP , Project Manager-Electrical , Larsen & Toubro Ltd, P T & D (International)

It is A. Evaluation criteria - also called Source Selection Critera.

It is a primary tool/technique for evaluating potential vendors.

Elke Woofter
par Elke Woofter , Project Assistant , American Technical Associates

first of all is the price equal to what you have ask for or have they subsetudided the product. 

Have all vendors given a bit for the same item? How long is the lead time? When do you need the product? How reliable is this vendor? 

Is it justefied to give a higher bitting vendor priority because of the item is needed at a specific time (shorter leadtime) ... 

In short not always the price is the determind factor ... quality, leadtime and price can be the most determining factor for this bit ... all what and when you need it ...

Md Fazlur Rahman
par Md Fazlur Rahman , Procurement Specialist , Engineering and Planning Consultants Ltd

A.  Evaluation criteria 

Any bid proposal is to be checked as per evaluation criteria provided in the bid document for transparency and cost effectiveness.

Mohamed Helal
par Mohamed Helal , Project Manager , GROUP CONSULT INTERNATIONAL

A.  Evaluation criteria .........................

Utilisateur supprimé
par Utilisateur supprimé

Option of EVALUATION CRITERIA looks to be appropriate answer among the chices.

Priya Ranjan Singh
par Priya Ranjan Singh , Project Coordinator , QatarEnergy (Qatar Petroleum)

Usually RFP will have listed criterias Technical, Financial, T&C, Optional & Commercial. Technical, Finacial & T&C evaluation will have higher weightage over commercial. Commercial evaluation will take place only after vendors qualify technical, financial & T&C crtiterias.

Setting up crtierias is the benchmark for any organization before RFP and it may vary from types of products and/or services, looking for.

Each evaluattion should be justified and thoroughly documented. Elimination may likely to be protested, either formally or informally.

 

Nageswaraiah Mannem Mannem
par Nageswaraiah Mannem Mannem , Assistant , M/s Shalimar Automobiles

Costing & caparing the quotes of vendors 

VINAY KUMAR GOSWAMI
par VINAY KUMAR GOSWAMI , Partner , 2MI

Option - A

 B - It is meant for benchmarking and comparison.

 C - This is meant for benchmarking or assessing the vendor (not for proposal)

 D - This is meant for clarification and discussion on scope, price, schedule, SLAs, T&C and risks/ rewards.

sardar mardookhy
par sardar mardookhy , Head of portfolio management department , MCI

B is my option,

Thanks,...................