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)

Illustrate an example of a critical path given by activity, Illustrate an e...

Illustrate an example of demonstrating a network or critical path by given activity and duration. Activity                      Duration (Wks)                   Precede

Strategic project assignment, #question your team has been retained to help...

#question your team has been retained to help the company launch it''s products into the global marketplaace. each team is assigned to investigate one country market. The primary o

National competitive bidding (ncb) , Steps for National Competitive Bidding...

Steps for National Competitive Bidding (NCB)  Similar to ICB, we have two ways involved in NCB: one with pre-qualification, another without prequalification. Steps for NCB are

Verification and validation process, Verification is the process by which o...

Verification is the process by which one can ensure that a model is performing as expected or intended. The process of verification is a challenging one for the project concerned a

Line balancing procedure in assembly layout, Line Balancing Procedure in As...

Line Balancing Procedure in Assembly Layout step1: Determine what tasks must be performed to complete one unit of a finished product and the sequence in which the tasks mus

Evaluate cost estimation, Prepare a 1-page Cost Estimate in MS Excel for th...

Prepare a 1-page Cost Estimate in MS Excel for the project similar to the example provided below. Use the WBS items provided below, and be sure to document assumptions you make in

Products liability law, Products liability law controls the private litigat...

Products liability law controls the private litigation of products accidents which provides compensation to the injured party. Products liability law involves the tort law of negli

NETWORK DIAGRAMS, AHOW TO FIND THE VARIANCE OF AN ACTIVITY AND THE THE PROB...

AHOW TO FIND THE VARIANCE OF AN ACTIVITY AND THE THE PROBABILTY THAT A WORK WILL BE FINISHED IN A GIVEN NUMBER OF DAYSsk question #Minimum 100 words accepted#

The Walsham Hotel, Compare and Contrast the KN346 investment and the "plain...

Compare and Contrast the KN346 investment and the "plain vanilla" alternative.

Scheduling, external factors affecting scheduling

external factors affecting scheduling

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