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)

Manufacturer''s promotional activity, Explain how a manufacturer's promotio...

Explain how a manufacturer's promotional activity might vary depending upon the sort of distribution channel that operates. Distribution includes getting the right products to

Define inventory procurement and inventory carrying cost, Define the invent...

Define the inventory procurement cost and inventory carrying cost. Inventory Procurement Cost and Inventory Carrying Cost: Inventory is a detailed list of such movable it

Task, in what ways consumer changing tastes affecting textile industry?

in what ways consumer changing tastes affecting textile industry?

Preparation of manufacturing drawings, This is one of the most tedious a...

This is one of the most tedious and difficult phases of design yet quality literally depend upon the correctness and completeness of the manufacturing drawings and specifica

Explain the development phase in the project management, Explain about the ...

Explain about the development phase in the project management. Development phase During the development phase, everything that will be needed to implement the project is

Sequence activities and milestones , This assignment is designed to demonst...

This assignment is designed to demonstrate your understanding of project scheduling, time and cost estimation. Assignment: Update your group's WBS created in Assignment 1

Total quality management, TOTAL QUALITY MANAGEMENT: Decision making is...

TOTAL QUALITY MANAGEMENT: Decision making is an important management process in any organization. Without decision, nothing can be properly planned or accomplished. Decisions

What are the benefits of work study?, Question 1) Describe any ten overall...

Question 1) Describe any ten overall functions of the purchasing department Question 2) Describe any five principles of plant layout Question 3) Describe the any

What are the important phases of project management, What are the important...

What are the important phases of project management? The six phases of project management: Dividing a project within phases makes this possible to lead this in the best poss

Responsibilities of an event manager, Question 1: a) Outline the key r...

Question 1: a) Outline the key responsibilities of an Event Manager b) Give THREE clear working examples of possible event objectives for either a country, a resort, an or

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