Podcast
Questions and Answers
What should be noted in Table-6 column-d of Annex-II according to the text?
What should be noted in Table-6 column-d of Annex-II according to the text?
What does Table 5 of Annex-II primarily present?
What does Table 5 of Annex-II primarily present?
Why should additional tables be included by executing agencies according to the text?
Why should additional tables be included by executing agencies according to the text?
In case a bid fails preliminary acceptance, how should the reasons be provided according to the text?
In case a bid fails preliminary acceptance, how should the reasons be provided according to the text?
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What is the purpose of Table 1 to Table 4 in Annex-II according to the text?
What is the purpose of Table 1 to Table 4 in Annex-II according to the text?
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Which document describes the methodology for correction of computational errors?
Which document describes the methodology for correction of computational errors?
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What reason might cause a bid to fail in preliminary acceptance according to the text?
What reason might cause a bid to fail in preliminary acceptance according to the text?
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When should only responsive bids be examined in detail according to the Standard Procedure for Evaluation of Bids for Procurement of Works?
When should only responsive bids be examined in detail according to the Standard Procedure for Evaluation of Bids for Procurement of Works?
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What is NOT a reason for bid failure in preliminary acceptance according to the text?
What is NOT a reason for bid failure in preliminary acceptance according to the text?
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Why should detailed examination of bids only include responsive bids?
Why should detailed examination of bids only include responsive bids?
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Study Notes
Bid Corrections and Evaluation
- Corrections are binding on the bidder and unusual or large corrections should be explained in footnotes.
- Provisional sums set by the Employer/Engineer for contingencies or nominated subcontractors should be subtracted from bid prices to allow for a proper comparison.
Modifications and Discounts
- Bidders can submit modifications to their original bid prior to bid opening, which should be reflected in the evaluation.
- Modifications can include increases or discounts to the bid amounts, which should be reflected in the original bid prices.
- Discounts offered conditional on the simultaneous award of other contracts (cross-discounts) shall not be incorporated until the completion of evaluation of other contracts.
- Unconditional discounts (or increases) should be shown in Table-6 of Annex-II.
Bid Requirements
- A bid is complete and does not deviate from the scope.
- Computational errors have been made, required sureties have been furnished, and documents have been properly signed.
- The Bid is valid till the required period, and the Bid prices are firm during the currency of the contract if it is a fixed price bid.
- The completion period offered is within specified limits, and the Bidder/Manufacturer is eligible to bid and possesses the requisite experience.
Incomplete or Non-Compliant Bids
- Bids can be rejected if they deviate from the scope, are incomplete, or do not meet basic technical requirements.
- Reasons for rejection must be clearly explained in footnotes or an attachment.
Arithmetic Corrections
- Arithmetical errors will be rectified on the basis of unit price prevailing over total price.
- If there is a discrepancy between the unit price and total price, the total price shall be corrected.
Results of Preliminary Examination
- The results of preliminary examination should be presented in Table-5 of Annex-II.
- Reasons for rejection must be clearly explained in footnotes or an attachment.
Detailed Examination of Bids
- Only responsive bids shall be examined in detail.
- Correction for errors should be done according to the methodology described in the ITB, and the read-out bid prices and corrections should be noted in Table-6 column-d of Annex-II.
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Description
Test your knowledge on bid corrections and provisional sums in the context of bidding processes. This quiz covers the importance of explaining unusual or large corrections, handling provisional sums, and ensuring a fair comparison of bids.
