Auto-extracted from the official tender document
Minimum financial criteria bidders must meet
a) For business turnover or financial data required for each year - Exchange rate prevailing on the last day of the respective calendar year (in which the amounts for that year is to be converted) was originally established. b) Value of single contract - Exchange rate prevailing on the date of the contract signature. c) Exchange rates shall be taken from the publicly available source identified in the ITT 1.14.3. Any error in determining the exchange rates in the Tender may be corrected by Kenya Electricity Transmission Company Limited.. 4.1.2 This section contains the criteria that Kenya Electricity Transmission Company Limited Kenya Electricity Transmission Company Limited shall use to evaluate tender and qualify tenderers. No other factors, methods or criteria shall be used other than those specified in this tender document. The Tenderer shall provide all the information requested
3.1 See attached Tender Data Sheet References 4 SSEECCTTIIOONN IIIIII -- EEVVAALLUUAATTIIOONN AANNDD QQUUAALLIIFFIICCAATTIIOONN CCRRIITTEERRIIAA 4.1 GGeenneerraall PPrroovviissiioonn 4.1.1 Wherever a Tenderer is required to state a monetary amount, Tenderers should indicate the Kenya Shilling equivalent using the rate of exchange determined as follows: a) For business turnover or financial data required for each year - Exchange rate prevailing on the last day of the respective calendar year (in which the amounts for that year is to be converted) was originally established. b) Value of single contract - Exchange rate prevailing on the date of the contract signature. c) Exchange rates shall be taken from the publicly available source identified in the ITT 1.14.3. Any error in determining the exchange rates in the Tender may be corrected by Kenya Electricity Transmission Company Limited.. 4.1.2 This section contains the criteria that Kenya Electricity Transmission Company Limited Kenya Electricity Transmission Company Limited shall use to evaluate tender and qualify tenderers. No other factors, methods or criteria shall be used other than those specified in this tender document. The Tenderer shall provide all the information requested in the forms included in Section IV, Tendering Forms. Kenya Electricity Transmission Company Limited should use the Standard Tender Evaluation Report for Goods and Works for evaluating Tenders. 4.2 EEvvaalluuaattiioonn ooff TTeennddeerrss 1 of 5 4/15/2026, 8:42 AM KETRACO Supplier Enagagement https://s1.ariba.com/Sourcing/Main/aw?awr=7&awssk=CYpLGzChB... 4.2.1 SSuucccceessssffuull TTeennddeerr oorr TTeennddeerreerrss Kenya Electricity Transmission Company Limited shall use the criteria and methodologies listed in this Section to evaluate Tenders. By applying these criteria and methodologies, Kenya Electricity Transmission Company Limited shall determine the successful Tender or Tenders which has/have been determined to: a) be substantially responsive to the tender documents; b) offer the lowest evaluated cost to Kenya Electricity Transmission Company Limited for all items of Goods to be procured based on either a single Contract or all multiple Contracts combined, as the case may be, in accordance with the ITT 1.13.6 inviting Tender prices and discounts, and provisions made of the Tender Document for evaluation of tenders and award of contract (s); and c) be offered by Tenderer or Tenderers that
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