TECHNICAL EVALUATION. (a) Detailed technical evaluation shall be carried out by Purchase Committee pursuant to conditions in the tender document to determine the substantial responsiveness of each tender. For this clause, the substantially responsive bid is one that conforms to all the eligibility and terms and condition of the tender without any material deviation. The Institute’s determination of bid’s responsiveness is to be based on the contents of the bid itself without recourse to extrinsic evidence. The Institute shall evaluate the technical bids also to determine whether they are complete, whether required sureties have been furnished, whether the documents have been properly signed and whether the bids are in order.
TECHNICAL EVALUATION. The Manager shall provide the oversight to assure that the operator of the Owner’s Assets performs the technical, geological, petroleum engineering and related evaluations that are necessary or appropriate under the Standards set forth in Section 2.3 to perform the Lease Operations and to evaluate proposed acquisitions of oil and gas properties by the Owner.
TECHNICAL EVALUATION. Offers will be evaluated on:
TECHNICAL EVALUATION. Firm Capability Description Marks(%) Experience (Bidders must demonstrate having performed works of similar nature and magnitude Recommendation letters of good Performance from four previous customers for the last two years.( letters must be rated on a scale of 1 to 10) (5marks for each customer stated) Attach evidence-LPO, Framework Agreement s, Invoices, etc from the above customers (5marks for each customer stated) 20 20 Bidders must Attach audited financial statement/ bank statement for the 20 demonstrate last two financial years. financial capability for at least 2 years. Litigation History. Does your company have litigation history? Yes ( ) No ( ) Duly filled litigation history form ,signed and stamped by commissioner of oaths -FORM PQ-5 20 Proof of physical address Attach evidence of physical address of premises ( Any of ; Tenancy agreement, utility bills or title deed) 10 Company profile Attached company profile and management structure indicating the present holders of positions provided. 10 Total 100 Tenderers who score 70 out of the maximum 100 marks will proceed to the financial evaluation. Those who score below 70 out of maximum 100 marks will be eliminated at this stage from the entire evaluation process.
TECHNICAL EVALUATION. The Evaluators will independently review and score the responsive technical responses using the evaluation criteria described in Attachment I – Technical Proposal and Technical Proposal Evaluation Criteria.
TECHNICAL EVALUATION. Detailed technical evaluation shall be carried out by Technical Evaluation Committee pursuant to conditions in the tender document to determine the substantial responsiveness of each tender.For this clause, the substantially responsive bid is one that conforms to all the eligibility and termsand condition of the tender without any material deviation. The Institute’s determination of bid's responsiveness is to be based on the contents of the bid itself without recourse to extrinsic evidence. The Institute shall evaluate the technical bids also to determine whether they are complete, whether required sureties have been furnished, whether the documents have been properly signed and whether the bids are in order. Financial bids of only those bidders who qualify the technical criteria will be opened, provided all other requirements are fulfilled. A bid determined as substantially non-responsive will be rejected by the Purchaser and shall not subsequent to the bid opening be made responsive by the bidder by correction of the nonconformity.
TECHNICAL EVALUATION. Firm Capability Description Marks(%) Experience (Bidders must demonstrate having performed works of similar nature and magnitude Recommendation letters of good Performance from four previous customers for the last two years. (letters must be rated on a scale of 1 to 10) (5marks for each customer stated) Attach evidence-LPO, Framework Agreement s, Invoices, etc from the above customers (5marks for each customer stated) 15 15 Capacity to supply Attach line of credit from the bank 10 Declarations Dully filled, signed and stamped Tender Declaration Forms (SD1 & SD2) 10 Bidders must demonstrate financial capability for at least 2 years. Attach bank statement for the last one financial years 10 Litigation History. Does your company have litigation history? Yes ( ) No ( ) Duly filled litigation history form ,signed and stamped by commissioner of oaths -FORM PQ-5 10 Proof of physical address Attach evidence of physical address of premises ( Any of ; Tenancy agreement, utility bills or title deed) 10 Price schedule Schedule of requirements properly filled with ALL Quoted items having unit price 10 Company profile Attached company profile and management structure indicating the present holders of positions provided. 10 Total 100 Tenderers who score 70 out of the maximum 100 marks will proceed to the financial evaluation. Those who score below 70 out of maximum 100 marks will be eliminated at this stage from the entire evaluation process.
TECHNICAL EVALUATION. Bidders will be required to provide technical details of the scheduled Items that meets the provided technical requirement. Only Bidders who score 70% and above will be considered to be technically responsive and therefore be considered for further evaluation
TECHNICAL EVALUATION. 16.2.1 The points earmarked for evaluation of Technical Bids would be as follows: Sl. No. Description Maximum Points
TECHNICAL EVALUATION. 39.1 The Procuring Entity will examine the information supplied by the Tenderers Pursuant to ITT 11 and ITT 16, and in response to other requirements in the Tendering document, considering the following factors:
