Details

Technical Note

Public Sector Procurement Stage 5: Evaluating Offers

Amna Mehmood, Jamshed Hassan Khan, Muhammad Naiman Jalil

INDUSTRY : Public Sector

AREA : Production & Operation Management

ORGANIZATION : Public Sector Procurement Regulatory Authority

LENGTH : 101

LUMS No : 03-837-2014-2

PUBLICATION YEAR : 2014

KEYWORDS:

Provincial Food Department,Government Sector,Procurement Process in Public Sector,Managing,Evaluating,Awarding,Administering

DESCRIPTION:

This reference note is sixth in a sequence of eight technical notes written to introduce basic elements of the public sector procurement process as envisaged by the Public Procurement Regulatory Authority Pakistan. Generally, all the eight notes elaborate the steps that need to be followed to ensure that the procurement process is in compliance with Public Procurement Rules 2004, and that the objectives of procurement principles are achieved. After going through these readings, the reader will have a comprehensive understanding of the complete lifecycle of the public sector procurement process along with the key principles of public sector procurement. Specifically, Stage 5 of the procurement process explains the standard procedures to follow when evaluating bid offers. It distinguishes between standard procedures for evaluating bids for goods, works and routine services, and evaluating bids for consultancy services. The evaluation of the submitted bids is crucial in determining the bid which provides the Procuring Agency (PA) with the best value for money, depending on the objectives or aims of the PA, i.e. whether it is looking for best quality or lowest price or a combination of both.

LEARNING OBJECTIVES:

Understand the standard procedure to follow when evaluating bid offers. Distinguish between standard procedures for evaluating bids for goods, works, and routine services, and evaluating bids for consultancy services.

SUBJECTS COVERED:

Production, Operations Management