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Get the free (Two-Bids System) are invited for supply of i5 Computers for various departments of ...

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JAMIE MILLIE ISLAMIC Maulana Mohammad Ali Jaguar Mary, Jamie Nagar New Delhi110025ETENDER NOTICE BID DOCUMENT [Two bid system]No. JMA/PICO/NIT48/201819IDate: 22.01.2019On behalf of The VICE CHANCELLOR,
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How to fill out two-bids system are invited

01
Understand the requirements and specifications of the project or contract.
02
Prepare two separate bids, each containing the necessary documentation and pricing details as per the requirements.
03
Clearly label each bid as Bid 1 and Bid 2 to avoid confusion.
04
Submit both bids within the specified deadline mentioned in the invitation for bids.

Who needs two-bids system are invited?

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Government agencies looking to award contracts based on competitive bidding processes.
02
Companies or organizations seeking to obtain goods or services through a transparent and structured procurement method.
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The two-bids system is a procurement method where bidders submit two separate bids: one technical proposal and one financial proposal. This process is designed to ensure that technical aspects are considered separately from the pricing.
Typically, any organization or entity seeking to procure goods or services through this system must file under the two-bids system, including government agencies, public sector undertakings, and private companies participating in specific procurement processes.
To fill out the two-bids system, bidders must prepare and submit a technical proposal that includes detailed information about their qualifications, methodologies, and planned execution, along with a separate financial proposal containing the pricing of the goods or services offered.
The purpose of the two-bids system is to ensure that the best technical solution is chosen for the procurement while maintaining transparency in the pricing process. This helps in achieving value for money and high-quality outcomes.
The information to be reported typically includes bidder qualifications, experience, technical approach, project timelines, and a detailed breakdown of costs in the financial proposal.
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