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)

Project team members , Project team members  Ensuring success of a proj...

Project team members  Ensuring success of a project is one and only goal of all the project team members. The responsibilities of project team members are to:    Provide

Product characteristics and requirements, 1.  Main functions: The web based...

1.  Main functions: The web based site will be fully enabled for viewing via iPad and be fully accessible at the cafe seating only.  The menu will be fully automated to allow order

Explain about the term management in brief, Explain about the term manageme...

Explain about the term management in brief. Management in words of LAWRENCE APPLEY: “Management is the accomplishment of outcomes by the efforts of many other people”.

Manager’s personal values with team members, Managers can trace, diagnose, ...

Managers can trace, diagnose, analyze, quantify, and find timely solutions when they are familiar with organizational culture. Managers fail in implementing new strategies and new

Advantages and disadvantages of having a matrix structure, Explain the adva...

Explain the advantages AND disadvantages of having a matrix structure for managing a project. For projects that require a range of skills and involvement of staff from dissimil

Development of an organisation's culture, Organisational culture is an sign...

Organisational culture is an significant concept since it impacts on most aspects of organisational life and the way in which work is performed. Every organisation will have its ow

Cobit, compare cobit 4.1 with cobit 5

compare cobit 4.1 with cobit 5

Disadvantages of participative management, Disadvantages of participative m...

Disadvantages of participative management: There are also disadvantages to participative decision-making.  Implementation of the tough decisions taken by the  management th

The purpose of a project initiation document, S Company has been awarded th...

S Company has been awarded the contract for the refurbishment of a local hotel. The overall timescale for the project has been agreed at 30 weeks (a high fast completion for this s

Steps to create run chart, The steps to create a run chart are: 1.   Id...

The steps to create a run chart are: 1.   Identify the process to be observed: Ensure that the process involves some kind of repeatable activity in which results remain consis

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