QCBS definition
Examples of QCBS in a sentence
Evaluation of Financial Proposals: In case of Quality and Cost Based Selection QCBS Method the lowest evaluated Financial Proposal (Fm) will be given the maximum financial score (Sf) of 100 points.
The Consultant/Engineer shall be selected using QCBS method (quality and cost based selection), in accordance with the “Guidelines: Selection and Employment of Consultants by World Bank Borrowers”.
Bidder will be selected under Quality and Cost Based Selection (QCBS) and procedures described in this Tender document.
The successful Bidder will be selected under Quality and Cost Based Selection (QCBS) method and procedures described in this Tender Document.
Weightage for Technical and Financial score will be 80:20 The Evaluation will be QCBS (Quality‐ Cost Based Selection) Evaluation.