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)

Management responsibility on quality control, Management Responsibility ...

Management Responsibility a. The quality policy shall be defined documented understood implemented and maintained. b. Responsibilities and authorities for all personn

What are the questions of the initiation phase, What are the questions of t...

What are the questions of the initiation phase? Questions to be answered in the initiation phase include the given as: • Why only project management? • Is this feasible?

Prepare a proper memo addressed to bill, You are an accountant who has been...

You are an accountant who has been approached by two people, Bill and Steve, for some advice.  Bill and Steve are planning to open a furniture store in Toronto.  They plan to rent

Line balancing methods, Line Balancing Methods  The various line balan...

Line Balancing Methods  The various line balancing methods or techniques used are: Heuristic Methods Linear Programming Kilbride and waste Methods

Decision analysis, how to perform decision tree analysis for case study of ...

how to perform decision tree analysis for case study of transformation replacement..

Reporting style, The Integrated Management Project is not intended to be an...

The Integrated Management Project is not intended to be an academic research report and the markers will not normally expect inclusion of a literature review or hypothesis testing.

Enterprise architecture project, The following diagram describes the a...

The following diagram describes the architecture development process prescribed by the The Open Group Architecture Framework (TOGAF).  The bi-directional arrows link

Cost analysis, After analyzing the three models, and comparing all three us...

After analyzing the three models, and comparing all three using a paired-t test, we found out that the results of the modifications to the base model were statistically significant

Factors affecting process design - degree of automation, Factors affecting ...

Factors affecting Process Design - Degree of Automation The degree of automation  to be  adopted and  integrated into the  production  system is a key issue in process design,

Project management methodologies, Can yu make an assignment of 2500 to 3000...

Can yu make an assignment of 2500 to 3000 words of essay?

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