Table of Contents
- Purpose of the Tender Notice
- Submission and Opening of Bids
- Eligibility Criteria
- Bid Security Requirement
- Evaluation of Bids
- Contract Award
In this article, we will discuss the tender notice for CAL TEAC Pary, specifically Tender Notice 2023-2024. The tender notice is an official document that invites bids from interested parties for the supply of certain items. This article aims to provide a comprehensive guide to the procurement process outlined in the tender notice.
Purpose of the Tender Notice
The primary purpose of the tender notice is to inform potential suppliers about the procurement opportunity and invite them to submit their bids. CAL TEAC Pary, in this case, is seeking bids from Manufacturer/Authorized Distributors/Sole Proprietor/Firms/Companies for the supply of specific items required by LRH-MTI Peshawar.
Submission and Opening of Bids
Interested bidders are required to submit their bids on or before the specified date and time mentioned in the tender notice. The bids should be sealed and delivered to the office of the undersigned. It is important to note that late submissions may not be considered.
The opening of bids will take place on the same day as the submission deadline, in the presence of the bidders or their representatives. This ensures transparency and allows bidders to witness the bid opening process.
The tender notice may include certain eligibility criteria that bidders must fulfill to qualify for participation. These criteria may include legal requirements, registration details, experience, technical capabilities, financial stability, and any other specific qualifications deemed necessary by CAL TEAC Pary.
Bidders must carefully review the eligibility criteria mentioned in the tender notice and ensure that they meet all the specified requirements. Failure to meet the eligibility criteria may result in the disqualification of the bid.
Bid Security Requirement
To ensure the seriousness and commitment of bidders, CAL TEAC Pary may require the submission of a bid security. The bid security serves as a guarantee that the bidder will not withdraw their bid and will enter into a contract if awarded.
The bid security should be submitted from the account of the firm/bidder/contractor who submits the bid. It should be in favor of the Hospital Director, Lady Reading Hospital Medical Teaching Institution Peshawar. The tender notice will specify the amount and form of the bid security.
Evaluation of Bids
Once the bids are opened, the evaluation process begins. CAL TEAC Pary will assess the bids based on predetermined evaluation criteria outlined in the tender notice. The evaluation criteria may include factors such as price, quality, compliance with technical specifications, delivery timelines, after-sales service, and any other relevant considerations.
The evaluation process is conducted in a fair and transparent manner to ensure equal opportunities for all bidders. The evaluation committee thoroughly reviews each bid and scores them based on the specified criteria.
After the evaluation of bids, CAL TEAC Pary will award the contract to the successful bidder who has submitted the most advantageous bid. The contract award decision is based on the evaluation results and other relevant factors.
Once the contract is awarded, CAL TEAC Pary will notify the successful bidder and initiate the necessary procedures for contract signing and fulfillment. Unsuccessful bidders will also be informed about the outcome of the bid evaluation process.