Examples of Technical Score in a sentence
STxT + SFxf Where, S= Combined Score, ST= Technical Score out of 100 SF= Financial Score out of 100 T and f are values of weightage for technical and financial proposals respectively as given in the Data Sheet.
Bidders scoring 80 marks or more in the Technical Score will be qualified for opening of their financial bids.
Relative Technical Score (RSTech) of the technically qualified bids would be announced before the representatives of the bidders and the commercial bids of those bidders would be opened for commercial evaluation.
A Bid shall be rejected at this stage if it does not respond to important aspects of the TOR or if it fails to achieve the minimum Technical Score (St) indicated in the BDS.
Technical Score - The total score secured by the bidders in credential score and presentation score combined will be treated as the Technical Score(TS) out of 100 marks.
Minimum Technical Score to be obtained is 75 % to be Eligible for getting qualified for Commercial Bid Evaluation.
Minimum Technical Score to be obtained is 100% to be Eligible for getting qualified for Commercial Bid Evaluation.
CombinedevaluationofTechnicalandFinancialProposals.Proposalswillfinallyberankedaccordingtotheircombinedtechnical(ST)andFinancial(SF)scoresusingtheweightsindicatedintheDataSheet: S = (ST) x T + (SF) x fWhere, S= Combined Score, ST= Technical Score out of 100, SF= Financial Score out of 100 and “T” and “f” are values of weightages for technical and financial proposals respectively, as given in the Data Sheet.
Technical Score : Technical scores are calculated based on a variety of parameters such as experience/financial capacity/ recourse and capacity for execution of work , with scoring for each factor separately and the final technical score is a summation of these scores.
Note: - All the bidders who secure a minimum Technical Score of 80 marks out of total 100 marks i.e. 80% of total marks or more will be declared as technically qualified and are eligible for financial bid opening.