BIDDING STAGE

(1) The Board shall make available the related bid documents to all pre-qualified bidders within the specified period to prepare and submit their respective bids. (2) The bids may be submitted, as determine by UIDB including online and/or offline in two envelopes i.e., one containing technical proposal and the other containing financial proposal. (3) The required bid security, if any, shall be valid for the specified period, but in no cite shall it exceed one hundred and twenty days following the opening of the bids, unless specifically decided by the Board for a particular project. (4) The evaluation of bids shall be undertaken in two stages in terms of the specified procedure and period. (5) The first stage of evaluation shall involve the assessment of the technical proposal regarding technical, operational and environmental viability of the proposal as contained in the bidder's first envelopes vis-a-vis the specified requirements and criteria or minimum standards and the basic parameters specified in the bidding documents. (6) Only those bidders, who have not been disqualified at the first stage of evaluation, shall be eligible to participate in the second stage of evaluation. The second stage of evaluation shall involve assessment in comparison of the financial proposals of the qualified bidders based on the criteria and parameters specified by the Board in this behalf. Such criteria and parameters, in the case of projects without private participation, may provide for clubbing of technical and financial scores for the purposes of determining the bidder eligible for award of work. (7) Bidding process adopted by the Board may include: Least / lowest Cost, highest bid, QCBS (Quality cum Cost Based Selection), auction, reverse auction, any other permissible mechanism set up by the Central Government or the State Government. (8) The different types of contracts to be adopted by the Board, in terms of structuring a project, have been outlined in Schedule II. Apart from these, the Board may consider other contract types adopted by Central or State Government.