International/global competitive bidding (icb), Project Management

Assignment Help:

Steps involved for International/Global Competitive Bidding (ICB)    

Now that we are aware of the requirements of ICB, let us understand the steps involved in ICB. There can be two ways an ICB can be executed. One is with the  pre qualification and another without pre qualification. 

ICB for services with pre-qualification 

As an employer, you have to take the following essential steps: 

1.  Notify and advertise for submission of pre-qualification applications. 

2.  Issue/sale of pre-qualification documents to prospective bidders. 

3.  Collect pre-qualification applications from the prospective bidders. 

4.  Open pre-qualification applications. 

5.  Evaluate pre-qualification applications. 

6.  Prepare the list of pre-qualified bidders. 

7.  Issue the bidding document to the pre-qualified bidders. 

8.  Collect bids from pre-qualified bidders. 

9.  Evaluate the bids. 

10.  Select the lowest evaluated responsive bid. 

11.  Award the contract and sign the contract with the contractor. 

12.  Contract is accomplished by the Contractor. 

ICB for goods and services without pre-qualification 

As the employer/purchaser, you have to take following essential steps: 

1.  Notify and advertise. 

2.  Issue/sale of the bidding document to the prospective bidders. 

3.  Collect the bids from prospective bidders. 

4.  Evaluate the received bids. 

5.  Select the lowest evaluated responsive bid. 

6.  Award and sign the contract with the contractor/supplier. 

7.  Contract accomplished by the contractor/supplier.  


Related Discussions:- International/global competitive bidding (icb)

Processes and customer involvement, Processes and Customer Involvement ...

Processes and Customer Involvement Many processes are designed keeping in mind that value is provided by involving the customer in the delivery of the final product.  The invo

Why is necessary to plan an is project in detail before work, Give three re...

Give three reasons why this is necessary to plan an IS project in detail before starting work on this. Only the simplest projects that probably imply one developer working for

Develop a integrated management project, You are not expected to submit a f...

You are not expected to submit a formal proposal. However, you will be able to access Subject Tutors via HenleyConnect and you may seek feedback from them as to the suitability and

Role and nature of estimation in project management, Question: (a) Th...

Question: (a) The Local Government Service Commission has advertised a post of "CLERK" on the L'Express newspaper on the April 1, 2004. The closing date for the submissio

NPV, A brilliant UTM student at the end of his graduation is in presence of...

A brilliant UTM student at the end of his graduation is in presence of two opportunities and has to choosen between them.

The three flows in Supply Chain Management, Hi can you please provide info ...

Hi can you please provide info on referencing material and more detailed info on the three flows in supply chain management?

What is a project, Q. What is a project? The term project appears to be...

Q. What is a project? The term project appears to be a buzzword that means a lot of different things to different people. Anything for instance from a secretary's "project" to

Define product mix, Problem Define Product mix. Explain the factors det...

Problem Define Product mix. Explain the factors determine the decisions of the Product mix. Factors: Expansion of Product mix Contraction of Product mix Alteration

When is employer not liable to pay compensation to employee, When is an emp...

When is an employer not liable to pay compensation to an employee? Compensation: An employer is not liable to pay compensation to an employee under the given circumstanc

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd