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When conducting technical and financial analysis, during Bid evaluation, which one takes priority?

April 26, 2017analysis bid conducting Evaluation financial priority takes Technical

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When conducting technical and financial analysis, during Bid evaluation, which one takes priority?

1 Answer

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Technical and financial analysis applies to consultancies. However, the best practice is technical and financial are requested for and each is sealed separately. Weights are given during the analysis for instance technical analysis scores 0.8 and financial analysis scores 0.2; then technical analysis will be priority when considering to award the consultancy.