7 bidder evaluation criteria
Because the construction bid evaluation is limited to price and other price-related factors only, the decision procedure of bidder evaluation criteria is much more simpler than other competitive procurement measures relating more complicated evaluating factors.
Bid Evaluation Procedure is carried out in 2 steps. After the bid has been determined responsive, the bidder must be determined responsible as follows.
In order to be determined responsible, a bidder must be successfully evaluated against the 7 following criteria:
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.
The bidder must have adequate financial resources to perform the contract, or the ability to obtain them.
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.
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.
The bidder must have the necessary technical equipment and facilities for production or construction, or ability to obtain them.
The bidder must have the necessary organization and skills, experience, accounting and operational controls, and technical skills, or the ability to obtain them.
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.