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)

Explain about the term hygiene factors, Explain about the term Hygiene Fact...

Explain about the term Hygiene Factors. Hygiene Factors: Maslow’s require Hierarchy Theory upon Motivation has been modified through Fredrick Herzberg and his relates. Th

Social media strategy - design, Part 1- Social Media Strategy Design For...

Part 1- Social Media Strategy Design For this phase of the project you are required to formulate a social media strategy for a product/service/business/concept/charity...etc. th

Prince2, what are the major problem in ground breaking project

what are the major problem in ground breaking project

Develop an action plan based on your findings, Question: As a newly app...

Question: As a newly appointed rector of your school, you have received many complaints from students .It is your aim to " democratise quality ", that is to make quality contro

Developing a safe system of work, Question: (a) With reference to the ...

Question: (a) With reference to the Confined Space Regulations 1997. (i) Give the meaning of ‘confined space', providing TWO workplace examples (ii) What are the speci

How to achieve competitive benefit, DF Company, a relatively new company, i...

DF Company, a relatively new company, is in the business of designing and building farm equipment and machinery. Whilst it has been winning in its first few years of operation, sal

What are the pros and cons of a pure project organisation, What are the pro...

What are the pros and cons of a ‘pure’ project organisation compared along with a project operating into a matrix structure? A ‘pure’ project organisation comprises into itself

Project execution plan, A project execution plan (written and graphical rep...

A project execution plan (written and graphical report) developing the strategy covering FIVE key areas: Some guidelines for each subject area are listed below, but the report s

Differential costing, application of differential costing in project

application of differential costing in project

Product/service and volume flexibility, Product/Service and Volume Flexibil...

Product/Service and Volume Flexibility Ability to respond fast to the customer's needs known as flexibility.Two forms of flexibility are product/ Service and volume flexibilit

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