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)

Describe the factors that lead to the project failure, Question: a) Des...

Question: a) Describe lessons or best practices that could be learned from the above case study? b) Describe the factors that lead to the project failure? c) What is acc

Degree of customer contact, Degree of Customer Contact The extent to w...

Degree of Customer Contact The extent to which customers get involved in the production system has important implications for the design of production processes. In custom bui

Code of professional conduct, A 28 year old quadriplegic man is admitted to...

A 28 year old quadriplegic man is admitted to the hospital with pneumonia and severe pressure ulcers.  You are the enrolled nurse caring for him and hear him asker the doctor that

Take the company to the next stage of its growth, The Board of PCC Company,...

The Board of PCC Company, which operates in the investment and risk management industry, has explained that in order to 'take the company to the next stage of its growth' there wil

Process selection - tqm, Once the process capabilities of available proc...

Once the process capabilities of available processes are known the process selection is then just a question of matching the process capability with the tolerance specified

Explain what is public-private-partnership, Question : (a) Explain wha...

Question : (a) Explain what is public-private-partnership (PPP)? (b) What are the benefits of public-private-partnership? (c) Explain the different forms PPP arrangeme

Internal and external customers - elements of tqm, Internal and external cu...

Internal and external customers: The library shall be functioning as a "learning and resource centre" in its efforts to stay abreast of changes in its internal and external en

Importance of power in project management, Probelm 1: a) Elaborate on t...

Probelm 1: a) Elaborate on the Verma;K(1996) model for effective human resource management and explain its importance in managing projects. b) According to the Verma; K(1996

Improving Business Performance, Hi, I am looking for help in an assignment ...

Hi, I am looking for help in an assignment to analyse Tesco as case study and suggest an improvement strategy, and plan the implementation of the improvement. Would require MS Proj

PMJ535, Scope Management and Health Checks

Scope Management and Health Checks

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