Request for proposal (rfp), Other Management

Assignment Help:

Request for Proposal (RFP)

The RFP document for procurement of consultant is similar to tender document for procurement for works and goods. RFP provides all the instructions  and  information  necessary for  the shortlisted  consultants  to prepare their proposals. RFP includes the following:

  • Letter of Invitation (LOI) (providing the information of name of Client(you), source of fund, names of shortlisted consultants, name of the consulting assignment, method of selection, dates by which the proposals are to be submitted and so on).
  • Instructions to the consultants (including evaluation process, evaluation criteria and sub-criteria and their relative weights).
  • Standard forms for submission of Technical Proposal.
  • Standard forms for submission of Financial Proposal.
  • Terms of Reference (TOR)
  • Standard form of contract either Lump sum or Time Based or

Percentage or Indefinite Delivery and so on with appendices.

Government of India has prepared a model RFP document along with form of contract which is available on the website of Ministry of Finance. The model RFP documents have also been framed by World Bank and other financing institutions and are available on the websites of those institutions for different forms of contract.

You have to incorporate the evaluation criteria to evaluate the technical proposals in the Section of Instructions to the consultants provided in the RFP. The evaluation criteria generally should be adopting the following:

  • Specific experience of the consultants relevant to the assignment.
  • Adequacy of the proposed methodology and work plan.
  • Key professional staff qualifications and competence.
  • Suitability of the transfer of knowledge (training) program.

Now that we are aware of the necessary inputs for a RFQ document, let us now learn about preparation, submission and evaluation of proposals.

Preparation of proposals

The consultants should go through the RFP documents and prepare the technical as well as financial proposals as given in the TOR by making use of the standard forms. A pre-proposal conference with shortlisted consultants can be called for, in order to explain the TOR, the standard forms and clarify any query. If any clarifications are to be issued, you must issue it in the form of pre-proposal conference minutes and amendments if any required are issued later.

Submission of proposals

The consultants should submit the technical and financial proposals in two covers together before the last date and time fixed. Proposals received after the  deadlines  for  submission  are  rejected  and returned  unopened.  The consultants should use the standard forms contained in the RFP and should provide all information and documentation requested.

Evaluation of the proposals

You should have an evaluation committee consisting of three or four members who are well qualified and well versed with the assignment. The technical evaluation report is prepared by the committee and the recommendations are accepted after review by the officer competent to accept the contract. The financial proposals of the technically qualified consultants are opened based on the procedure applicable for the particular method  of  selection.  Based  on  the  method  of  selection  a  combined evaluation report is prepared and action taken for acceptance. The selected consultant is then notified and requested to come for negotiations.


Related Discussions:- Request for proposal (rfp)

Non conventional indexing and filing equipment , Non Conventional Indexing ...

Non Conventional Indexing and Filing Equipment -libraray equipment-libraray management Use of mechanical devices for sorting information recorded on special kinds of cards lik

Classification terminology - library management, CLASSIFICATION TERMINOLOGY...

CLASSIFICATION TERMINOLOGY: Library classification as an academic discipline is about 125 years old. Its teaching and research has gained momentum comparatively recently. It m

Organisation initiator, T he Organisation initiator The initiator firs...

T he Organisation initiator The initiator first identifies the need to purchase a particular product or service to crack an organisational problem. Change management is a c

Quality improvement, Q uality improvement Quality improvement can be d...

Q uality improvement Quality improvement can be defined as the organised creation of the beneficial change along with the attainment of unprecedented levels of the performance

Derivatives section of a bank treasury, Question 1 Discuss the various act...

Question 1 Discuss the various activities carried out by commercial banks these days that are common to clients of both commercial banks and development banks Question 2 What

Inter-library loan (ill) system, Inter-Library Loan (ILL) System of Online ...

Inter-Library Loan (ILL) System of Online Computer Library Centre (OCLC): The Inter-Library Loan (ILL) system of OCLC is world's largest online computerised ILL system used by

Self-monitoring, Self-Monitoring This is a personality trait reflecting...

Self-Monitoring This is a personality trait reflecting an individual's ability to adjust behavior to match conditional factors. Individuals high in self- monitoring are very ad

How three-tier architecture can be used to implement an erp, QUESTION (...

QUESTION (a) Define the term ‘Business Process Re-engineering (BPR)' and explain the role of BPR in the context of Enterprise Resource Planning (ERP). (b) ‘Firms sometimes u

Ordinal numbers - library classification, Ordinal Numbers: These are ...

Ordinal Numbers: These are used not for the purpose of counting but ordering and mechanising the arrangement of things. For example, participants in a conference can be liste

Drawbacks of central processing, Drawbacks   There are certain drawback...

Drawbacks   There are certain drawbacks and disadvantages also in centralization of processing.  1)  Some libraries may not be able to afford the operational costs involved.

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