The Evaluation Committee should conduct a financial evaluation and comparison to determine the evaluated price of each bid and determine the highest evaluated bid, which is substantially responsive to the requirements of the bidding document. The evaluated price for each Read More …
Day: March 2, 2022
Evaluation Methodology and Criteria for the Public Tender Sale Method
The methodology for the evaluation of bids should consist of: Eligibility of the bidder. Compliance with the conditions of sale; The bid price quoted Where appropriate, the Procuring Entity may include additional evaluation criteria in the bidding document, which should Read More …
Inviting Bids
Bids should be invited through the publication of an announcement of tendering proceedings. No pre-qualification should be conducted for disposing of stores, assets or equipment. Prequalification may only be resulted to with the prior approval of the PPOA. Contents of Read More …
Annual Disposal Planning of Stores and Equipment
A Procuring Entity should undertake annual stocktaking of stores and valuation of assets and equipment and maintain an up to date inventory register. Procuring Entities should prepare a disposal plan for each fiscal year. Annual disposal planning should be integrated Read More …
PLANNING FOR DISPOSAL OF STORES, EQUIPMENT AND OTHER ASSETS
Disposal is a critical element of the stores, equipment and other assets management of a Procuring Entity. When any equipment is obsolete, its keeping, through maintenance costs, storage, parking, insurance, etc., may well exceed the returns that can be derived Read More …
DISADVANTAGES OF VMI
Size of the Buying organization and consumption rates This may sound glib, but it is true. Take retail for example – if you have thousands of shops and significant buying power suppliers may be able to justify the management cost Read More …
