Auto-extracted from the official tender document
Minimum financial criteria bidders must meet
qualification criteria; two or three JV Members are considered reasonable numbers. 6. Regarding cases being considered for abnormally low or high tenders, the benchmark should be the Procuring Entity's estimate in the Procurement Plan or other estimate based on commercial rates. It is expected that a Procuring Entity should call for Tenders with a clear idea of what to expect as a reasonable tender price. In case of abnormally low or high tenders, the Procurement Entity should(a)review the specifications, and conditions of tender, or correctness of the estimate or (b) possibility of a collusion, formation of cartels, or other form of fraudulent and corrupt activity in the tendering process or (c) perception of the firms on the credibility of the Procuring Entity. The Procuring Entity shall treat abnormally low and high tenders in accordance with procedures provided for in this tender document. 8. The Public Procurement Regulatory Authority welcomes any comments from the Users of this STD which will assist in revising (if need be) and improving the structure and contents of the STD. iv APPENDIX TO THE PREFACE GUIDELINES FOR PREPARING TENDER DOCUMENTS 1. GENERAL 1.1 Page 1 (The Heading of the Document), the Preface and its Annexes (if any), this Guidance to the Procuring Entity in preparing tender document to be issued to the Tenderers, and the Invitation to Tender shall not be included in the Document to be issued to Tenderers. The Document to be issued to Tenderers shall star with the page titled “This Page, NAME, LOGO AND ADDRESS OF THE PROCURING ENTITY, NAME AND IDENTIFICATION OF TENDER”, including all the other material on the page completed appropriately. 1.2 If in the course of preparing a Tender Document or evaluating a tender/tenders following the criteria in the standard tender document, a Procuring Entity finds a provision it does not understand or agree with, it shall contact PPRA for clarifications before it changes anything, otherwise it will be considered as violating procurement rules. 1.3 The Procuring Entity should confirm that the requirements to be procured are in its approved Procurement Plan and budgeted for. It should also confirm the estimated cost of or amounts allowed for the contract(s), including the estimated time for executing the contract. The cost estimate helps the Procuring Entity determine the applicable procurement method, the amount of Tender Security and for determination if the lowest evaluated cost is unrealistically too low or too high. Prior to finalizing the Tender Document, it is advisable for the Procuring Entity to recheck these estimates. Usually the Security is 1% to 2% of the estimated cost of the contract, the larger the contract, the smaller the required security. 1.4 The estimates must be prepared by experts in the field of the subject contract, including Real Estate Experts and other experts depending on the items to be leased. The Estimates should be based on current market prices or on data collected by the Procuring Entity based on past (but not historic) contracts. 2 PART 1 – TENDERING PROCEDURES i) Section I - Instructions to Tenderers (ITT) This Section provides relevant information to help tenderers prepare their tenders. Information is also provided on the submission, opening, and evaluation of tenders and on the award of Contracts. Section I contains provisions that are to be used without modification by the Procuring Entity or by a Tenderer. ii) Section II-Tender Data Sheet (TDS) This Section includes provisions that are specific to each procurement and that supplement Section I, Instructions to Tenderers. This section shall be completed appropriately by the Procuring Entity and not by a Tenderer. In any case, the Procuring Entity shall not add any item in the TDS not included in the Standard Tender Document. iii) Section III- Evaluation and Qualification Criteria This Section specifies the criteria to determine the Lowest Evaluated Tender that would be considered for contract award; that is the tenderer that meets the qualification criteria and whose tender has been determined to be: a) Substantially responsive to the bidding document, and b) The lowest evaluated cost. No other criterion shall be added by the Procuring Entity. Some parts of this section maybe omitted by the Procuring Entity (and not by a Tenderer) to suit the subject procurement. For example, in some cases evaluation may not include Margin of Preference, so any reference to considerations for Margin of Preference will be omitted. The Procuring Entity will complete the parts of the Criterion only as guided and allowed in this section. For example, if the criterion provides “Post qualification and Contract ward” and lists an item that says “Other conditions…….”, the Entity shall only include the conditions that are allowed in the Standard Tender Document. iv
i) Section I - Instructions to Tenderers (ITT) This Section provides relevant information to help tenderers prepare their tenders. Information is also provided on the submission, opening, and evaluation of tenders and on the award of Contracts. Section I contains provisions that are to be used without modification by the Procuring Entity or by a Tenderer.
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