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)

Quality and attribute measure of quality, QUESTION 1 A restaurant has e...

QUESTION 1 A restaurant has experienced a sudden increase in customer complaints and as a consequence the restaurant has been losing customers and orders. The quality manager w

Service Marketing, understand the prospect for growth in global services

understand the prospect for growth in global services

Computer-based and equipment for non-print materials, Computer-based Materi...

Computer-based Materials: Computer-based materials are a recent development but have become very important to modern libraries of  all types, specifically computerised bibliog

Analyze the destination life cycle concept, QUESTION The potential rele...

QUESTION The potential relevance of the concept of a destination life cycle has been examined in a number of studies. The model has apparent potential to advance theory and pra

Patents as a source of information, Patents as a Source of Information ...

Patents as a Source of Information Patent documents provide a unique and important source of technical information much of which may not be available anywhere else. Their

Assigning the class and book number - library classification, Assigning the...

Assigning the Class Number: Once the specific subject is formulated, assigning the correct Class Number can be done with the help of the classification scheme. But this process c

Explain the functions of the management, Question 1 How is a cable televis...

Question 1 How is a cable television system organized? Explain Question 2 Discuss the ethical issues in media management Question 3 What are the major design steps of a

Screening information or steps, SCREENING INFORMATION OR STEPS : Some ...

SCREENING INFORMATION OR STEPS : Some of  the references identified may not be relevant, readers  can usually judge  the  relevance  of the  reference quickly based  on abstra

Determine the acceptance of an e_payment method, Question: (a) In what ...

Question: (a) In what way does e_banking differ from traditional banking in terms of its services they offer? Provide suitable examples where necessary. (b) List and explai

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