post-qualification definition
post-qualification means a formal procedure applied after tenders have been evaluated prior to award of contract, to determine whether or not the lowest evaluated tenderer has the experience, capability and resources to carry out the contract effectively;
post-qualification means the conduct of due diligence to determine whether a bidder is qualified to perform a contract effectively;
post-qualification means a procedure for demonstrating qualifications as a pre- condition for being awarded a contract;
More Definitions of post-qualification
post-qualification means the verification process undertaken by a procuring entity at the end of the tender evaluation stage with the purpose of ensuring that the successful tenderer meets the qualification criteria stipulated in the tender or pre-qualification documents.
post-qualification means a formal procedure whereby bidders are evaluated, prior to award, on their experience, technical and financial capabilities to confirm their ability to perform a contract;
post-qualification means the conduct of due diligence to determine whether a bidder is qualified to perform a contract effectively; “procurement” means acquisition by purchase, lease, tenancy, hire purchase, licence, franchise or by any other contractual means of any type of works, assets, services or goods including livestock or any combination thereof;
post-qualification means a formal procedure whereby bidders are evaluated on resources and capabilities bid on the basis of minimum criteria on experience, resources, capacity and financial standing at the end of the bid evaluation process;
post-qualification means a formal procedure applied after tenders have been evaluated prior to award of contract, to determine whether or not the lowest evaluated tenderer in case of procurement or the highest evaluated tenderer in case of disposal of assets, has the experience, capability and resources to carry out the contract effectively;
post-qualification means a formal procedure applied after bids have been evaluated prior to award of contract to determine whether the lowest evaluated bid has experience, capability, and resources to carry out the contract effectively;
post-qualification. ; means procedures under which bidders