Guide Bid Evaluation

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  BID EVALUATION Guide on B I  D  E V A L  U A T I   ON  October 2010 Guide on BID EVALUATION  © 2010 Asian Development Bank All rights reserved. Published 2010.Printed in the Philippines. ISBN 978-92-9092-144-8Publication Stock No. TIM102634Cataloging-In-Publication Data Asian Development Bank. Guide on bid evaluation.Mandaluyong City, Philippines: Asian Development Bank, 2010.1. Procurement. 2. Asian Development Bank. I. Asian Development Bank. ADB encourages printing or copying information exclusively for personal and noncommercial use with proper acknowledgement of ADB. Users are restricted from reselling, redistributing, or creating derivative works for commercial purposes without the express, written consent of ADB.By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area.Note:In this publication, “$” refers to US dollars. Asian Development Bank6 ADB Avenue, Mandaluyong City1550 Metro Manila, PhilippinesTel +63 2 632 4444Fax +63 2 636  Contents iii Contents Page PREFACE v PART I. BID EVALUATION PROCEDURE AND REPORTING 1 SECTION I. GENERAL 3  A. Introduction 3 B. Purpose of Bid Evaluation 3 C. Principles in Bid Evaluation 4 D. ADB’s Bidding Procedures under Competitive Bidding 6 SECTION II. BID EVALUATION PROCEDURE 9    A. Stage 1: Collection of Information 9 1. Step 1: Basic Data 9 2. Step 2: Record of Bid Opening 9 3. Step 3: Preliminary Examination for Completeness of Bids 10 B. Stage 2: Determination of Substantial Responsiveness of Bids 10 1. Step 1: Preparation of Table of Bidders and Bid Prices 10 2. Step 2: Substantial Responsiveness to Commercial Terms and Conditions 11 3. Step 3: Substantial Responsiveness to Technical Requirements 11 4. Step 4: Preparation of Table of Substantive Responsiveness of Bids 13 C. Stage 3: Detailed Evaluation of Bids 14 1. Step 1: Determination of Number of Bids for Detailed Evaluation 14 2. Step 2: Detailed Evaluation 14 3. Step 3: Financial Adjustment of Bid Prices (Commercial Aspects) 15 4. Step 4: Financial Adjustment of Bid Prices (Technical Aspects) 17 5. Detailed Evaluation of Bids for a Civil Works Contract 19 D. Stage 4: Determination of the Lowest Evaluated Substantially Responsive Bid 21 SECTION III. DOMESTIC PREFERENCE SCHEME IN BID COMPARISON 23  SECTION IV. PREPARATION OF BID EVALUATION REPORT 29  
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