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Under what conditions, do the Bank’s Borrowers use Post- qualification?

April 26, 2017Bank borrowers Conditions qualification

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Under what conditions, do the Bank’s Borrowers use Post- qualification?

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Information concerning the bidder’s relevant experience, financial position, technical staff and network of after-sales-service, if needed, shall be required in the bidding documents, for contracts for which pre-qualification has not been specified. This information shall be considered during the initial examination of bids and the bid of any bidder who does not satisfactorily meet these requirements shall not be considered for further evaluation. In any case, the Borrower shall always ensure that the bidder whose bid has been evaluated as the lowest evaluated cost bid, has the technical and financial capability to perform the contract satisfactorily. The criteria to be met shall be set out in the bidding documents and the bid of any bidder, who does not meet these requirements, shall be rejected.