Construction companies are looking into a project often collect bids from several contractors. They are looking for the best price, technical content, and commercial consideration, should be made so that the best available offering is chosen for award. The Contracting authority needs to determine early on how it select the wining bidder. the bidder must be determined responsible as follows.
Prequalification
firms interested in the project are required to establish technical competence and financial viability.The purpose is to limit the field of applicants to those that meet the minimum requirements for participating in a competitive award process.
Evaluation of Technical Proposals
Bidders submit technical proposals detailing how they would fulfill the contract and providing additional information on their financial and technical capacity.
Financial Resources
The bidder must have adequate financial resources to perform the contract, or the ability to obtain them.
Performance Schedule
The bidder must be able to comply with the performance schedule, required or proposed delivery, taking into consideration all existing commercial and governmental business commitments.
Performance Record
The bidder must have have a satisfactory performance history, if any. Nevertheless, a prospective contractor shall not be determined responsible or non-responsible solely because of a lack of relevant performance history, except when specified in a standard for special acquisitions.
Integrity and Ethics
The bidder must have a satisfactory record of integrity and business ethics including satisfactory compliance with laws related to taxes, labor and employment, environment, antitrust, and consumer protection.
Construction Machinery
The bidder must have the necessary technical equipment and facilities for production or construction, or ability to obtain them.
Organization and Skills
The bidder must have the necessary organization and skills, experience, accounting and operational controls, and technical skills, or the ability to obtain them.
Other Qualification
The bidder must be otherwise qualified and eligible to receive an award under applicable laws and regulations.
Bidder evaluation criteria is also known as: bidder Responsibility Determination, contractor responsibility determination, vendor responsibility determination, bidder evaluation worksheet.