12.07.2015 Views

Request for Proposal - Government of Haryana

Request for Proposal - Government of Haryana

Request for Proposal - Government of Haryana

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The minimum technical score required to qualify <strong>for</strong> the financial evaluation is 70After the technical evaluation is completed, the Client shall notify and intimate those bidders whoseproposals were considered non-responsive to the RFP and Terms <strong>of</strong> Reference or not qualified <strong>for</strong>the financial evaluation, indicating that their Financial <strong>Proposal</strong>s will be returned unopened aftercompleting the selection process. The Client shall simultaneously notify the bidders, whoseproposals have qualified <strong>for</strong> further evaluation, indicating the date and time set <strong>for</strong> opening theFinancial <strong>Proposal</strong>s. The notifications may be sent by registered letter or facsimile or e-mail.2.7 FINANCIAL EVALUATIONOnly those bidders who qualify the Technical Evaluation shall be considered <strong>for</strong> Financialevaluation. The Financial <strong>Proposal</strong>s <strong>of</strong> such bidders shall be opened in the presence <strong>of</strong> the bidders‟representatives who choose to attend. The name <strong>of</strong> the Bidder, the technical scores, and theproposed price shall be read aloud. The Client shall prepare minutes <strong>of</strong> the proceedings.The bidder should be careful in submitting the financial proposal. The evaluation committee willtake the total amount quoted in Section 5.8 as the final bid value.The commercial scores <strong>for</strong> each <strong>of</strong> the Set will be calculated as:Fn = Fmin / Fbid * 100WhereFn = Normalized financial score <strong>of</strong> the bidder under considerationFbid = Evaluated cost <strong>for</strong> the bidder under considerationFmin = Minimum evaluated cost <strong>for</strong> any bidder2.8 FINAL EVALUATIONQuality and Cost Based Selection (QCBS)17

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