Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Management Theories Expert

A Public Body has conducted a bidding exercise through the Restricted Bidding Method for the procurement of five PCs, five laser printers, two UPS and one scanner. Bidders were invited to submit a signed Bid Securing Declaration together with their bids. The Technical Specifications mentioned that the UPS should have autonomy of operation of 60 minutes. The standard Quotation Form mentioned that the price shall be fixed and firm.

At examination of bids the following shortcomings are noted:

a) Bidder A has made an arithmetical error in multiplying the unit cost of the printer by the quantity causing a subtotal for this item to be of a lower value which has been carried forward in the total that has been inserted in the Quotation Form. The UPS proposed by this Bidder is for autonomy of operation of only 59 minutes.

b) Bidder B has submitted a Bid Security in the form of a Bank Guarantee as per the format contained in the Bidding Documents for an amount of 2 % of its quoted price. This Bidder has not submitted its Business Trade License as requested in the Bidding Documents.

c) Bidder C has proposed a type of UPS which has autonomy of operation of 45 minutes and the price quoted for this item by this Bidder is 25 % less than the best evaluated bid.

d) Bidder D has quoted for prices to be adjustable to rate of exchange at the time of delivery as allowed for in the Special Conditions of
Contract and submitted a covering letter to this effect despite the fact that he had signed the Quotation Form.

Questions:

(a) If you are a member of the Evaluation Committee in what manner would you qualify the shortcomings of each of the four bidders?

(b) Give the reasons for your position in (a) above.

(c) Explain what actions you would take in respect of each of the shortcomings before proceeding further with the evaluation.

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M9585393

Have any Question?


Related Questions in Management Theories

Think about one effective and one ineffective leader who

Think about one effective and one ineffective leader who you have encountered. Determine how each leader was effective or ineffective in his or her leadership styles and explain your reasoning with support from sources a ...

Assume that a perfectly competitive firm has the following

Assume that a perfectly competitive firm has the following revenue and cost functions: TC= 5625 +5Q + 0.01Q^2 AVC=5 + 0.01Q MC=5 + 0.02Q TR=20Q A) what is the level of output that maximizes profits, if any? Compute profi ...

Suppose a machine has two components that prevent injury

Suppose a machine has two components that prevent injury; component A and component B. If either of the components fail, an employee will be injured.  It is important to note that both A and B cannot fail at the same tim ...

In-depth evaluation of a retailers sustainability impacts

In-Depth Evaluation of a Retailer's Sustainability Impacts and Policies/Initiatives Coursework requirement This coursework requires that you prepare a report based on an in-depth evaluation of the sustainability impacts ...

Cnsider the binomial distribution where n 11 and p

Consider the binomial distribution where n = 11 and p = 0.05. Find the mean and standard deviation of this binomial distribution. The customers at a local appliance store are polled as they leave the store. Each is asked ...

Assessment descriptionthis assessment is a culmination

Assessment Description This assessment is a culmination piece, in which you will be given an opportunity to combine the information you have accumulated in Assessments 1 and 2. More importantly, you will need to showcase ...

Two goods cloth and wine two countries a and b suppose that

Two goods: cloth and wine; two countries A and B. Suppose that the autarky relative price of cloth in country A is 1.2 and in country B is 2.5. Suppose cloth is on horizontal axis and wine on the vertical. If the relativ ...

Assessment descriptionyou are required to read the

Assessment Description You are required to read the following journal article article: 1. How Risky is Your Company? HBR. May-June 1999 You are also required to read a fictional case study based on a company that will be ...

Discussion assignment -the overall design and costs of an

Discussion Assignment - The overall design and costs of an organization's benefits plans are an important part of their people strategy for attracting and retaining a talented workforce. For example, health care costs ar ...

Identify how protecting sovereign boundaries in regards to

Identify how protecting sovereign boundaries in regards to intellectual property has a positive effect on the GDP . Your answer should be in complete sentences

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As