Continue reading "Tendering: The price is right?"
Tendering: The price is right?
Rebecca Rees reviews the evaluation of tender pricing ‘It is suggested that contracting authorities reconsider the overall evaluation methodology, rather than try and mitigate the risk of abnormally low or suicidal bids through altering the overall price/quality split.’Contracting authorities procuring in the economic downturn have been poorly served by traditional approaches to evaluating price. The …