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Criterion Weight Contractors A B C Bid amount Life cycle cost Experience Project duration Construction Method Summation Question 2: Two envelope contract is to be

Criterion

Weight

Contractors

A

B

C

Bid amount

Life cycle cost

Experience

Project duration

Construction Method

Summation

image text in transcribed

Question 2: Two envelope contract is to be constructed where each contractor submit two envelops; technical and financial envelope. Select the best contractor considering the following information: Criterion Bid amount (SR) Life cycle cost (SR) Experience (years) Project duration (Months) Construction Method (Descriptive) A 8,500,000 2,500,000 25 20 E Contractors B 7,500,000 2,600,000 18 22 VG 9,000,000 2,000,000 20 18 Assume that: Excellent = 95%, very good = 75 % and good = 55%. Financial evaluation = 40% of them 25% on bid amount only. Technical evaluation is distributed equally for all criteria. Question 2: Two envelope contract is to be constructed where each contractor submit two envelops; technical and financial envelope. Select the best contractor considering the following information: Criterion Bid amount (SR) Life cycle cost (SR) Experience (years) Project duration (Months) Construction Method (Descriptive) A 8,500,000 2,500,000 25 20 E Contractors B 7,500,000 2,600,000 18 22 VG 9,000,000 2,000,000 20 18 Assume that: Excellent = 95%, very good = 75 % and good = 55%. Financial evaluation = 40% of them 25% on bid amount only. Technical evaluation is distributed equally for all criteria

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