PROCUREMENT GUIDELINES - Ministry of Finance and Planning

GOVERNMENT PROCUREMENT GUIDELINES 27(d) TCE shall also include applicable VAT, shown separately.4.3.2 Sanctioning of Total Cost Estimate (TCE)TCE shall be sanctioned by the appropriate authority indicated inthe Procurement Manual, except in the case of a Foreign FundedProject where TCE is agreed upon with the Foreign Funding Agency.Revision of Total Cost Estimate (TCE)4.3.3 If considerable time is taken to invite bids after preparation of theinitial TCE, the TCE shall be updated, taking in to considerationinflation and other factors and shall be sanctioned by the respectiveauthority.The authorityforsanctioningthe TCE isgiven inProcurementManual 4.3.24.4 Packaging and Slicing of Contracts4.4.1 The size of the contract is an important consideration to note.4.4.2 Bids may be invited under alternative contract options:For details seeProcurementManual 4.4(a) In order to facilitate large and small contractors to participate,large contracts may be divided into smaller slices and procuredon “slice and package” method by pre or post qualification ;(b) both small and large contractors may be allowed, at their option,to bid for one or more slices or the whole package according totheir established capacity ;(c) all Bids shall be received by the same closing date and openedand evaluated simultaneously so as to determine the Bid orcombination of Bids that offer the lowest evaluated cost.