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)

Elaborate bio renewable resources, Question 1 The resources that can be...

Question 1 The resources that can be continuously replenished with the help of natural processes are referred to as renewable resources. Discuss renewable resources Ques

Microform catalogue - Modern Forms, Microform Catalogue: In microform ...

Microform Catalogue: In microform catalogue, entries are greatly reduced and printed upon a film or fiche. The microform cannot be read by naked eyes. A suitable microform rea

Purpose of the syringe management plan, The purpose of the Syringe manageme...

The purpose of the Syringe management plan is to protect the social community against injury by syringe and help people manage syringe in proper manner. According to the research,

Title approach - approach of readers for documents, Title approach: So...

Title approach: Sometimes you may go to a library to get a document whose title you know. If the books in the library are arranged by title, it will meet your requirement. But

Choice of bindery- factors to be considered , Choice of Bindery: Factors to...

Choice of Bindery: Factors to be Considered  Outside binders are normally selected through competitive bidding or through free selection. Whatever the case, the librarians sho

Quality management, During the analysis of a process that was evaluated, a ...

During the analysis of a process that was evaluated, a situation arose where it was seen that the variability of the data points collected was non-random on several occasions, i.e,

Terms related to procurement - inward goods , Inward goods  The goods a...

Inward goods  The goods are delivered at the inward goods stores of the company/plant with necessary documents like delivery challans and suppliers invoice. These documents wil

Define social environment, QUESTION (a) Define Social Environment (b...

QUESTION (a) Define Social Environment (b) Discuss, with examples, the impact of Social Environment on Business (c) Critically analyze the role of business in the develop

Constraints - library catalogue code, Constraints: This unit calls for...

Constraints: This unit calls for a comprehensive and thorough treatment to cover the various aspects of history and development of library catalogue codes. However, such a tho

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