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RFP for appointment of technical consultant - Rsrdc.com

RFP for appointment of technical consultant - Rsrdc.com

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3.3.3 The Authority will determine whether the Financial Proposals are <strong>com</strong>plete,unqualified and unconditional. The cost indicated in the Financial Proposalshall be deemed as final and reflecting the total cost <strong>of</strong> services. Omissions, ifany, in costing any item shall not entitle the firm to be <strong>com</strong>pensated and theliability to fulfil its obligations as per the TOR within the total quoted priceshall be that <strong>of</strong> the Consultant. The lowest financial proposal (F M ) will begiven a financial score (S F ) <strong>of</strong> 100 points. The financial scores <strong>of</strong> otherproposals will be <strong>com</strong>puted as follows:S F = 100 x F M /F(F = amount <strong>of</strong> Financial Proposal)3.4 Combined and Final Evaluation3.4.1 Proposals will finally be ranked according to their <strong>com</strong>bined <strong>technical</strong> (S T )and financial (S F ) scores as follows:S = S T x T w + S F x F wWhere S is the <strong>com</strong>bined score, and T w and F w are weights assigned toTechnical Proposal and Financial Proposal that shall be 0.70 and 0.30respectively.3.4.2 The Selected Applicant shall be the first ranked Applicant (having the highest<strong>com</strong>bined score). The second ranked Applicant shall be kept in reserve andmay be invited <strong>for</strong> negotiations in case the first ranked Applicant withdraws,or fails to <strong>com</strong>ply with the requirements specified in Clause 2.24, 2.28 and2.29, as the case may be.31

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